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We develop a model of endogenous network formation in order to examine the incentives for R&D collaboration in a mixed oligopoly. Our analysis reveals that the complete network, where each firm collaborates with all others, is uniquely stable, industry-profit maximizing and efficient. This...
Persistent link: https://www.econbiz.de/10010270929
We examine the use of subsidies to R&D in a mixed and a private duopoly market. We show that the socially optimal R&D subsidy is increasing in the degree of spillovers but it is lower in the private duopoly. The optimal R&D subsidy leads to an increase in total R&D and production, however, it...
Persistent link: https://www.econbiz.de/10003989543
Regulatory reforms across European countries have attempted to increase consumer welfare by introducing competition and choice into public service markets. But it has been questioned whether reforms have benefited all people equally, suggesting that vulnerable groups of service users are...
Persistent link: https://www.econbiz.de/10012936839
We develop a model of endogenous network formation in order to examine the incentives for R&D collaboration in a mixed oligopoly. Our analysis reveals that the complete network, where each firm collaborates with all others, is uniquely stable, industry-profit maximizing and efficient. This...
Persistent link: https://www.econbiz.de/10014219137
The for-profit hospital is in the minority numerically in all developed countries. Although the for-profits' market share has been quite stable for decades, for-profit chains have grown in share and influence in the United States. By contrast, for-profit chains have made few inroads in other...
Persistent link: https://www.econbiz.de/10014024184
We examine the use of subsidies to R&D in a mixed and a private duopoly market. We show that the socially optimal R&D subsidy is increasing in the degree of spillovers but it is lower in the private duopoly. The optimal R&D subsidy leads to an increase in total R&D and production, however, it...
Persistent link: https://www.econbiz.de/10013068306
The Australian National Basketball League (NBL) first tipped off in 1979 and by the early 1990s, basketball was Australia's fourth most popular spectator sport behind Australian football, rugby league and cricket. Yet the NBL was struggling soon thereafter and today it rarely rises above the...
Persistent link: https://www.econbiz.de/10013055537
specializing in a job task, workers perform bundles of tasks. Bundling occurs when tasks are complements. Using individual …-level data about job tasks, we analyze which tasks are complements. Such intrapersonal task complementarities limit the division … of labour as complementary tasks can only be unbundled at a cost (productivity loss). To illustrate this point, we apply …
Persistent link: https://www.econbiz.de/10010277460
Persistent link: https://www.econbiz.de/10012144488
Persistent link: https://www.econbiz.de/10011929940