Innovation Under Spatial Duopoly
نویسندگان
چکیده
منابع مشابه
Spatial duopoly with cost subsidy
The effects of government subsidies are examined in a spatial duopoly with a conventional and an electronic retailer. The Nash equilibrium is first determined and then the optimal cost subsidy rates are computed that maximize social welfare. The stability of the equilibrium is also investigated and it is shown that in the case of delayed information there is the possibility of cyclic behavior.
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ژورنال
عنوان ژورنال: Prague Economic Papers
سال: 2013
ISSN: 1210-0455,2336-730X
DOI: 10.18267/j.pep.463