This paper studies the innovation dynamics of an oligopolistic industry. The firms compete not only in the output … incentives for innovation at subsequent dates. Over time the industry equilibrium approaches a steady state. The paper … characterizes the evolution of the industry's innovation behavior and its market structure on the adjustment path. …

This paper studies the innovation dynamics of an oligopolistic industry. The firms compete not only in the output … incentives for innovation at subsequent dates. Over time the industry equilibrium approaches a steady state. The paper … characterizes the evolution of the industry's innovation behavior and its market structure on the adjustment path. …

An innovative firm chooses strategically whether to patent its process innovation or rely on secrecy. By doing so, the … firm manages its rival's beliefs about the size of the innovation, and affects the incentives in the product market …

A well-known result by Vega-Redondo implies that in symmetric Cournot oligopoly, imitation leads to the Walrasian …

We present a formal model of symmetric n-firm Cournot oligopoly with a heterogeneous population of profit optimizers … with a small probability. Applying stochastic stability analysis, we characterize the long run behavior of the oligopoly …

. The second chapter provides a theory of offshoring under imitation risk that explains optimal dynamic adjustments of firms … intellectual property rights and of offshoring costs on the rate of innovation and on the offshoring intensity. In chapter 4 I …

I review previous approaches to modelling oligopoly in general equilibrium, and propose a new view which in principle …) are more convenient. To illustrate their usefulness, I construct a simple closed-economy model of oligopoly in general …