Cantner, Uwe; Güth, Werner; Nicklisch, Andreas; … - In: Metroeconomica 60 (2009) 4, pp. 724-752
We experimentally investigate competition for innovations in a patent race scenario. Pairs of subjects compete as seller firms on a duopoly market, investing in risky search. Successful innovations resulting thereof are rewarded via temporary monopoly rents. Classifying investor types reveals...