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We study a structural model of R&D alliance networks in which firms jointly form R&D collaborations to lower their production costs while competing on the product market. We derive the Nash equilibrium of this game, provide a welfare analysis and determine the optimal R&D subsidy program that...
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We study a structural model of R&D alliance networks in which firms jointly form R&D collaborations to lower their production costs while competing on the product market. We derive the Nash equilibrium of this game, provide a welfare analysis and determine the optimal R&D subsidy program that...
Persistent link: https://www.econbiz.de/10013056041
Persistent link: https://www.econbiz.de/10012039419
We study spillover effects within co-offending networks by leveraging deaths of co-offenders for causal identification. Our results demonstrate that the death of a co-offender significantly reduces the criminal activities of other network members. We observe a decaying pattern in the magnitude...
Persistent link: https://www.econbiz.de/10014580742
There is substantial empirical evidence showing that peer effects matter in many activities. The workhorse model in empirical work on peer effects is the linear-in-means (LIM) model, whereby it is assumed that agents are linearly affected by the mean action of their peers. We develop a new...
Persistent link: https://www.econbiz.de/10014325138
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region as well as its economic spillovers into other regions. However, little is known about how these spillovers propagate … econometric model of spatial spillovers that we estimate using a panel of 5,944 districts from 53 African countries over the … particularly important factors for diffusing economic spillovers over longer distances. We then use the estimated parameters from …
Persistent link: https://www.econbiz.de/10011825329
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