Showing 1 - 10 of 40
Persistent link: https://www.econbiz.de/10000910426
Persistent link: https://www.econbiz.de/10000910439
Persistent link: https://www.econbiz.de/10000932103
Persistent link: https://www.econbiz.de/10000944384
Persistent link: https://www.econbiz.de/10000978933
Persistent link: https://www.econbiz.de/10000978937
Persistent link: https://www.econbiz.de/10000985435
Persistent link: https://www.econbiz.de/10000970305
Persistent link: https://www.econbiz.de/10000151685
We consider the efficiency of Cournot and Bertrand equilibria in a duopoly with substitutable goods where firms invest in process R&D. Under Cournot competition firms always invest more in R&D than under Bertrand competition. More importantly, Cournot competition yields lower prices than...
Persistent link: https://www.econbiz.de/10011373823