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It is commonly assumed that friendship should decrease strategic uncertainty in games involving tacit coordination …. However, this has never been tested on two "opposite poles" of coordination, namely, games of strategic complements and …
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. However, this has never been tested on two "opposite poles" of coordination, namely, games of strategic complements and …. Friendship thus appears to have a very different impact on coordination games involving strategic complements and substitutes. We …
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This paper proposes a theoretical model of spatial duopoly, where the location, on the one hand, and the absorptive capacity of rms as function of their internal R&D investment, on the other hand, endogenously determine the maximum level of knowledge spillovers rms might absorb. Our goal is to...
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