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This paper considers cost-reducing R&D investment with spillovers in a Cournot oligopoly with overlapping ownership. We … higher. The results obtained are robust in the context of a Bertrand oligopoly model with product differentiation …
Persistent link: https://www.econbiz.de/10012945054
This paper considers cost-reducing R&D investment with spillovers in a Cournot oligopoly with overlapping ownership. We … higher. The results obtained are robust in the context of a Bertrand oligopoly model with product differentiation …
Persistent link: https://www.econbiz.de/10012968865
This paper considers cost-reducing R&D investment with spillovers in a Cournot oligopoly with minority shareholdings …
Persistent link: https://www.econbiz.de/10011482905
The objective of this article is to investigate the impact of research and development (R&D) spillovers on cartelization of industries characterized by differentiated products. For simplicity, we focus on the duopoly market in which firms compete according to the Stackelberg leadership model....
Persistent link: https://www.econbiz.de/10011904589
Persistent link: https://www.econbiz.de/10012155911
Persistent link: https://www.econbiz.de/10010191415
We present a continuous-time generalization of the seminal R&D model of d'Aspremont and Jacquemin (American Economic Review, 1988) to examine the trade-off between the benefits of allowing firms to cooperate in R&D and the corresponding increased potential for product market collusion. We...
Persistent link: https://www.econbiz.de/10011520481
We present a continuous-time generalization of the seminal R&D model of d'Aspremont and Jacquemin (The American Economic Review 78(5): 1133-1137, 1988) to examine the trade-off between the benefits of allowing firms to cooperate in R&D and the corresponding increased potential for product market...
Persistent link: https://www.econbiz.de/10011602548
). It is found that under technological proximity, competitions at the upstream stage depress R&D investment, and firms …
Persistent link: https://www.econbiz.de/10011885533
The focus of this paper is on the consequences of asymmetric spillovers on the strategic investments in an oligopoly … with leaders and followers. Both in the investment and output game, leaders move before the followers. Spillovers may occur … relevant tendencies. They tend to depend in a complex way on the other parameters of the oligopoly. Still some clear tendencies …
Persistent link: https://www.econbiz.de/10012725274