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This paper formulates and analyzes a two-stage oligopoly game where firms can invest in cost-reducing R&D activity with the possibility of sharing R&D results with partner firms as well as gaining knowledge for free through spillovers. Firms are arranged within networks (or districts) inside...
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We analyze the problem of an integrated management of fisheries by using fish farming as a tool for restocking fish populations depleted by overfishing pressure. We first use a simple heuristic dynamic model, taken from a classical example of mathematical bioeconomics, in order to prove that...
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In Bischi and Lamantia [4] a two-stage oligopoly game has been proposed to describe networks of firms that invest in cost-reducing R&D activity with the possibility of sharing R&D results with partner firms as well as gaining knowledge for free through spillovers, and an adaptive dynamic...
Persistent link: https://www.econbiz.de/10010751875
In this paper, we propose a dynamical model of technology adoption for the exploitation of a renewable natural resource. Each technology has a different efficiency and environmental impact. The process of technology adoption over time is modeled through an evolutionary game employed by profit...
Persistent link: https://www.econbiz.de/10011117196
In this paper we study an oligopoly market where profit-maximizing firms and socially concerned firms compete in quantities. Confronting remarks by Milton Friedman and Gary Becker, we are using an evolutionary setting to investigate the endogenous choice of the proper objective of business firms...
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PACMAN (Passive and Active Compensability Multicriteria ANalysis) is a multiple criteria methodology based on a decision maker oriented notion of compensation, called compensability. A basic step of PACMAN is the construction of compensatory functions, which model intercriteria relations for...
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