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In the standard two-stage framework of R&D/product market competition, the present note compares the performance of full cooperation (firms conduct R&D in a joint lab and collude in the product market) and full competition (firms compete in R&D as well as in the product market). The paper shows...
Persistent link: https://www.econbiz.de/10005177426
The objective of this article is to investigate the impact of agent heterogeneity (as regards their attitude towards cooperation) and payoff structure on cooperative behaviour, using an experimental setting with incomplete information. A game of chicken is played considering two types of agents:...
Persistent link: https://www.econbiz.de/10009353566
Persistent link: https://www.econbiz.de/10009401888
[eng] The purpose of the present paper is to contribute to a better understanding of the conditions of stability in R&D strategie alliances. It develops a dynamic model of R&D cooperation (repeated game) and shows three main results : (i) first, it shows thai R&D cooperation with a possibility...
Persistent link: https://www.econbiz.de/10008607607
A puzzle in the literature on the formation of coalitions supporting International Environmental Agreements (iea) is that if an iea leads to substantial gains, then it will not be supported by many countries. The non-cooperative game theoretic literature highlights the « small coalitions »...
Persistent link: https://www.econbiz.de/10008578606
Using a two-stage Game of Chicken, Cabon-Dhersin and Ramani (2007) examine the impact of population heterogeneity on cooperative behaviour. For that purpose, they introduce two different types of agents, namely those who always cooperate and those who strategically cooperate. The aim of the...
Persistent link: https://www.econbiz.de/10008795073
Wording has been widely shown to affect decision making. In this paper, we investigate experimentally whether and to what extent, cooperative behaviour in a Game of Chicken may be impated by a very basic change in the labelling of the strategies. Our within-subject experimental design involves...
Persistent link: https://www.econbiz.de/10008795902
This paper interests itself in a ?game of chicken? involving heterogeneous players. More precisely, it examines the conditions for the initiation and engagement of cooperative agreements between two types of economic agents: (i) those with a standard rationality (maximization of own payoffs);...
Persistent link: https://www.econbiz.de/10008680214
Persistent link: https://www.econbiz.de/10010642422
Under the Cross-Licensing system (CL), firms are allowed to trade non cooperatively the results of R&D efforts, and compete in the innovation and production stages. First, the paper proposes a simple modeling of this system. Second, a relevant comparison is made with the Cartelized Research...
Persistent link: https://www.econbiz.de/10010662696