This paper studies the innovation dynamics of an oligopolistic industry. The firms compete not only in the output … market but also by engaging in productivity enhancing innovations to reduce labor costs. Rent sharing may generate … incentives for innovation at subsequent dates. Over time the industry equilibrium approaches a steady state. The paper …

, varying levels of marginal cost reducing returns-to-innovation, varying costs associated with innovation, increased returns to … analytic Cournot models, to study the effects of firm characteristics, market characteristics, and innovation on market … with heterogeneous marginal costs, market entry and exit, barriers to entry, low or high cost industries, changing demand …

economic theory is discussed. …

stake can lead to a concession from one agent to the other. In particular, the agent with the higher evaluation of the stake … would make a concession, proportional to the optimal choice of ‘talks’ . The existence of a concession paves the way for … the agents exhibit sufficiently asymmetric productive characteristics a FSR can be established even if a concession is not …

: • The concept of concession, i.e., concession income in telecommunications; • The concept of telecommunications; • Normative … regulations related to telecommunications in the Republic of Croatia; • Normative prerequisites for the realization of concession …

will be demonstrated that, under some conditions, an asymmetry in the evaluation of the stake can lead to a concession from …

We propose a method for calculating the macroeconomic costs of banking crises that controls for the downward impact of …