THE GAINS FROM COOPERATIVE R&D WITH A CONCAVE TECHNOLOGY AND SPILLOVERS
نویسندگان
چکیده
منابع مشابه
The Gains from Cooperative R&d with a concave Technology and Spillovers
We reassess the respective gains from R&D cooperation and competition in a Cournot Duopoly with homogeneous goods, where firms adopt a concave cost-reducing R&D technology. Contrary to the previous literature on the same topic, our main results are that (i) no corner solutions emerge and (ii) cooperation, in the form of either a cartel or a joint venture, is always profitable for firms and (iii...
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ژورنال
عنوان ژورنال: International Game Theory Review
سال: 2009
ISSN: 0219-1989,1793-6675
DOI: 10.1142/s0219198909002157