SANIN, Maria Eugenia; ZANAJ, Skerdilajda - Center for Operations Research and Econometrics (CORE), … - 2007
best response for A when B is not innovating i�:
A = A1 A3 < 0: (23)
The previous inequality can be developed as:
pyA … p = p1 p3, q = q1 q3, e = eA1 eA3 :
Then, after rearranging, the previous inequality becomes:
p
p1 +
mA
mA1 <
1 … be used in the production of y or sold in the permits�market). The RHS of
inequality (1) is made of two elements: the …