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In this paper, a model of product innovation is developed that endogenizes the degree of cooperation. Two opposing forces affect firm profit in an R&D joint venture. Cooperation increases the quality of the product but it also makes the new products more similar. The increasing substitutability...
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This thesis consists of one essay in industrial organization and two essays in non-cooperative game theory.
Persistent link: https://www.econbiz.de/10010699976
This thesis consists of one essay in industrial organization and two essays in non-cooperative game theory.
Persistent link: https://www.econbiz.de/10005780371
No abstract.
Persistent link: https://www.econbiz.de/10010685062