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We extend a well known differential oligopoly game to encompass the possibility for production to generate a negative environmental externality, regulated through Pigouvian taxation and price caps. We show that, if the price cap is set so as to fix the tolerable maximum amount of emissions, the...
Persistent link: https://www.econbiz.de/10014147818
We extend a well known differential oligopoly game to encompass the possibility for production to generate a negative environmental externality, regulated through Pigouvian taxation and price caps. We show that, if the price cap is set so as to fix the tolerable maximum amount of emissions, the...
Persistent link: https://www.econbiz.de/10011729254
We analyze the effect of patent thickets on entry into technology areas by firms in the UK. We present a model that describes incentives to enter technology areas characterized by varying technological opportunity, complexity of technology, and the potential for hold‐up in patent thickets. We...
Persistent link: https://www.econbiz.de/10011447108
We reassess the respective gains from R&D cooperation and competition in a Cournot duopoly where firms adopt a concave cost-reducing R&D technology. Cooperation, in the form of either a cartel or a joint venture, is always profitable for firms and, contrary to the previous literature on the same...
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bargaining / Luca Lambertini, Sougata Poddar, Dan Sasaki -- Equilibrium research joint ventures / Ping Lin -- Innovation …, duplication, and the contract theory of patents / Vincenzo Denicol(c)Ło, Luigi Alberto Franzoni -- Product and process innovation … technical progress, R&D cooperation and technological spillovers, innovation and the entry process. Comprehensive views of the …
Persistent link: https://www.econbiz.de/10012049738