Ouchida, Yasunori; Goto, Daisaku - 2014
This paper presents an examination of the socially efficient formation of environmental R&D in Cournot duopoly in a … a firm's R&D costs are limited, then, in stark contrast to results of previous studies, environmental R&D competition is … socially more efficient than the other three scenarios (i.e., environmental R&D cartelization, ERJV competition, and ERJV …