Yao, Zhiyong; Zheng, Bingyong - In: Scottish Journal of Political Economy 61 (2014) 2, pp. 196-210
type="main" xml:id="sjpe12041-abs-0001" <title type="main">Abstract</title> <p>We study multiple research joint ventures (RJVs) using a repeated game with imperfect monitoring. Compared with the single joint venture case, we show that cooperation in multiple joint ventures creates two advantages for participating firms....</p>
