Villemeur, Etienne Billette De; Ruble, Richard; … - HAL - 2011
(cooperation) solutions, in a model of investment timing allowing for externalities in both flow pro...ts and investment costs. For …. Optimal cooperation involves either monopoly or duopoly investment, the latter being either symmetric or asymmetric. Finally …&D input choices, if investment synergies are large, coordination and cooperation result in the same outcomes. …