Endogenous Formation of Competitive Research Sharing Joint Ventures.

Research joint ventures may coordinate research investments or improve research sharing. When research joint venture partners only share R&D results, large consortia are more profitable than small ones, and joint ventures prefer their rivals dispersed. According to a coalition formation game, an oligopoly partitions itself asymmetrically into two or three coalitions for a wide range of parameter values.

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Year of publication:	1999
Authors:	Greenlee, P.
Institutions:	Antitrust Division, Department of Justice
Subject:	RESEARCH AND DEVELOPMENT \| JOINT VENTURES \| COMPETITION

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Series:	U.S. Department of Justice - Antitrust Division.
Type of publication:	Book / Working Paper
Notes:	43 pages
Classification:	O33 - Technological Change: Choices and Consequences; Diffusion Processes ; L40 - Antitrust Policy. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005625640