Brousseau, Eric; Glachant, Jean-Michel - Université Paris-Dauphine (Paris IX) - 2011
cost industries, due to the high level of investments in R&D and infrastructures. Players in these industries need to … coordinate their investments; hence a threat of collusion. In the same time competition is fierce due to the opportunities … brought by innovations; hence the permanent risk of catastrophic evolutions due to systemic interdependencies. To balance this …