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the consumers. Our result is important for competition policy. …
Persistent link: https://www.econbiz.de/10010576440
It is usually believed that higher competition, implying more active firms, benefits consumers. We show that this may …
Persistent link: https://www.econbiz.de/10011271692
An important discussion in recent years is the introduction of product patentsand the abolition of process patents. In a model with endogenous number of innovatingfirms, we show that whether product patent increases R&D is ambiguous, and depends onthe type of market demand and the cost of R&D....
Persistent link: https://www.econbiz.de/10005868762
It is usually believed that higher competition, implying more active firms, benefits consumers. We show that this may …
Persistent link: https://www.econbiz.de/10015247455
We consider the plant location decision of a multinational corporation (MNC), which has the option to invest in a more or in a less technologically lagging country, and which aims to use its foreign plant as an export-platform. We show that the plant location decision of the MNC depends on...
Persistent link: https://www.econbiz.de/10012732577
We analyze the location of final goods producers under spatial competition with strategic input price determination by … price determination under competition in the input market. We also discuss the implications on the profits, consumer surplus …
Persistent link: https://www.econbiz.de/10014443302
competition and aggregate innovation. We consider a two-stage game with a deterministic Research and Development (R&D) process … outputs simultaneously. We show that the inverted-U relationship between competition and aggregate innovation occurs if … competition is affected by the number of technology followers. However, the presence of more technology leaders decreases …
Persistent link: https://www.econbiz.de/10013171861
competition and aggregate innovation. We consider a two-stage game with a deterministic Research and Development (R&D) process … outputs simultaneously. We show that the inverted-U relationship between competition and aggregate innovation occurs if … competition is affected by the number of technology followers. However, the presence of more technology leaders decreases …
Persistent link: https://www.econbiz.de/10013200166
from an outside supplier and also produces it in-house. We also show the effects of the product market competition and the …
Persistent link: https://www.econbiz.de/10010573077
In a recent paper, Alipranti et al. (2014, Price vs. quantity competition in a vertically related market, Economics … Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to … Bertrand competition if the upstream firm subsidises the quantity setting downstream firm's production via negative wholesale …
Persistent link: https://www.econbiz.de/10012965632