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under strong market rivalry a conflict between stable and efficient networks is likely to occur. A key finding of the paper …
Persistent link: https://www.econbiz.de/10010270929
networks are Pareto efficient. However, the complete network becomes the unique Pareto efficient network when R&D is subsidized … between stable and efficient networks is likely to occur. It also highlights the role of a public firm as policy instrument in …
Persistent link: https://www.econbiz.de/10008457581
under strong market rivalry a conflict between stable and efficient networks is likely to occur. A key finding of the paper …
Persistent link: https://www.econbiz.de/10014219137
We develop a model of strategic networks in order to analyze how trade unions will affect the stability and efficiency … of R&D collaboration networks in an oligopolistic industry with three firms. Whenever firms settle wages, the complete … network. Thus, a conflict between stability and efficiency may occur: efficient networks are pairwise stable, but the reverse …
Persistent link: https://www.econbiz.de/10010312253
We develop a model of strategic networks in order to analyze how trade unions will affect the stability and efficiency … of R&D collaboration networks in an oligopolistic industry with three firms. Whenever firms settle wages, the complete … network. Thus, a conflict between stability and efficiency may occur: efficient networks are pairwise stable, but the reverse …
Persistent link: https://www.econbiz.de/10005423183
We develop a model of strategic networks in order to analyze how trade unions will affect the stability and efficiency … of R&D collaboration networks in an oligopolistic industry with three firms. Whenever firms settle wages, the complete … network. Thus, a conflict between stability and efficiency may occur: efficient networks are pairwise stable, but the reverse …
Persistent link: https://www.econbiz.de/10005043051
We reconsider Goyal and Moraga-Gonzalez [Rand J. of Econ. 32 (2001), 686-707] model of strategic networks in order to … analyze how government policies (e.g. subsidies) will affect the stability and efficiency of networks of R&D collaboration …
Persistent link: https://www.econbiz.de/10005043463
. We examine the incentive of firms to form links and the architectures of the resulting equilibrium networks of this … setting. We also present some results on efficient networks. …
Persistent link: https://www.econbiz.de/10010904527
Persistent link: https://www.econbiz.de/10008729051
We study the endogenous formation of upstream R&D networks in a vertically related industry. We find that, when … equilibrium network maximizes social welfare, while a conflict between equilibrium and socially optimal networks is likely to …
Persistent link: https://www.econbiz.de/10010815152