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We reassess the respective gains from R&D cooperation and competition in a Cournot Duopoly with homogeneous goods, where firms adopt a concave cost-reducing R&D technology. Contrary to the previous literature on the same topic, our main results are that (i) no corner solutions emerge and (ii)...
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We go through the decision to vertically integrate or outsource in an uncertain framework. We consider two different market strategies, price setting and quantity setting and two different vertical relationships: a Stackelberg one and a bargaining one. In the first scenario, with certainty,...
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