Noncooperative versus cooperative R&D with endogenous spillover rates

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dc.contributor.author Amir, R
dc.contributor.author Evstigneev, I
dc.contributor.author Wooders, J
dc.date.accessioned 2012-02-02T11:02:34Z
dc.date.issued 2003-02
dc.identifier.citation Games and Economic Behavior, 2003, 42 (2), pp. 183 - 207
dc.identifier.issn 0899-8256
dc.identifier.other C1UNSUBMIT en_US
dc.identifier.uri http://hdl.handle.net/10453/15749
dc.description.abstract This paper deals with a general version of a two-stage model of R&D and product market competition. We provide a thorough generalization of previous results on the comparative performance of noncooperative and cooperative R&D, dispensing in particular with ex-post firm symmetry and linear demand assumptions. We also characterize the structure of profit-maximizing R&D cartels where firms competing in a product market jointly decide R&D expenditure, as well as internal spillover, levels. We establish the firms would essentially always prefer extremal spillovers, and within the context of a standard specification, derive conditions for the optimality of minimal spillover. © 2003 Elsevier Science (USA). All rights reserved.
dc.language eng
dc.relation.isbasedon 10.1016/S0899-8256(02)00541-9
dc.title Noncooperative versus cooperative R&D with endogenous spillover rates
dc.type Journal Article
dc.description.version Published
dc.parent Games and Economic Behavior
dc.journal.volume 2
dc.journal.volume 42
dc.journal.number 2 en_US
dc.publocation San Diego en_US
dc.identifier.startpage 183 en_US
dc.identifier.endpage 207 en_US
dc.cauo.name BUS.Centre for the Study of Choice en_US
dc.conference Verified OK en_US
dc.for 1401 Economic Theory
dc.personcode 112051
dc.percentage 100 en_US
dc.classification.name Economic Theory en_US
dc.classification.type FOR-08 en_US
dc.edition en_US
dc.custom en_US
dc.date.activity en_US
dc.location.activity en_US
dc.description.keywords Endogenous spillovers
dc.description.keywords Oligopolistic R&D
dc.description.keywords R&D cartel
dc.description.keywords Research joint ventures
pubs.embargo.period Not known
pubs.organisational-group /University of Technology Sydney
pubs.organisational-group /University of Technology Sydney/Faculty of Business
pubs.organisational-group /University of Technology Sydney/Faculty of Business/Economics
pubs.organisational-group /University of Technology Sydney/Strength - Study of Choice
utslib.copyright.status Closed Access
utslib.copyright.date 2015-04-15 12:17:09.805752+10
pubs.consider-herdc false
utslib.collection.history Economics (ID: 372)
utslib.collection.history Closed (ID: 3)


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