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Leaders and competitors
Cato, Susumu; Oki, Ryoko - In: Journal of economics 107 (2012) 3, pp. 239-255
Persistent link: https://www.econbiz.de/10009685377
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Relative performance and R&D competition
Matsumura, Toshihiro; Matsushima, Noriaki; Cato, Susumu - 2009
This paper formulates a duopoly model in which firms care about relative profits as well as their own profits. Our purpose is to investigate the relationship between the weight of relative performance and R&D expenditure. We find a non-monotone relationship between the weight of relative...
Persistent link: https://www.econbiz.de/10003921799
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Competitiveness and R&D competition revisited
Matsumura, Toshihiro; Matsushima, Noriaki; Cato, Susumu - In: Economic modelling 31 (2013), pp. 541-547
Persistent link: https://www.econbiz.de/10009730605
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Relative Performance and R&D Competition
Matsumura, Toshihiro; Matsushima, Noriaki; Cato, Susumu; … - 2009
This paper formulates a duopoly model in which firms care about relative profits as well as their own profits. Our purpose is to investigate the relationship between the weight of relative performance and R&D expenditure. We find a non-monotone relationship between the weight of relative...
Persistent link: https://www.econbiz.de/10014204559