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interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of … later stages of innovation) curtailed, to encourage innovation and thus welfare, as a suitable policy measure. Thus, entry …In a Cournot oligopoly set up with constant marginal cost and linear demand, innovation is rewarding. In this paper we …
Persistent link: https://www.econbiz.de/10012263851
interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of … later stages of innovation) curtailed, to encourage innovation and thus welfare, as a suitable policy measure. Thus, entry …In a Cournot oligopoly set up with constant marginal cost and linear demand, innovation is rewarding. In this paper we …
Persistent link: https://www.econbiz.de/10012824572
, frequently raised in the context of theoretical and empirical research on industrial innovation, of what triggers a firm … rate and profitability. This linkage offers an alternative perspective on the incentives for innovation. Furthermore, we …
Persistent link: https://www.econbiz.de/10010263083
Persistent link: https://www.econbiz.de/10013141012
This paper analyzes firms' choice between a merger and a strategic alliance in bundling their product with other complementary product. We consider a framework in which firms can improve profits only from product bundling. While mixed bundling is not profitable, pure bundling is because pure...
Persistent link: https://www.econbiz.de/10013071074
this last outcome and yield lower profits. We discuss the welfare implications of various contractual schemes. …
Persistent link: https://www.econbiz.de/10011914700
Critics of privatization argue that privatization encourages providers to lobby for industry expansion. I argue that this is not generally true when public-sector actors also lobby. Where the effectiveness of advocacy depends on total expenditures, some initial amount of privatization always...
Persistent link: https://www.econbiz.de/10014052239
We examine the effects of overlapping ownership in a Cournot oligopoly with free entry. If firms develop overlapping ownership only after entering, then an increase in the degree of overlapping ownership spurs entry but causes price to increase and total surplus to fall. Also, entry is never...
Persistent link: https://www.econbiz.de/10014079661
This paper proposes a model of corporate control and oligopolistic competition under common ownership. Each firm’s conduct results from Nash bargaining (NB) among shareholders and firms play a Nash equilibrium in Nash bargains. NB encompasses a rich class of models of corporate control under...
Persistent link: https://www.econbiz.de/10014354145
The literature on the licensing of an innovation has mainly focused on some specific contract types. We show within the …
Persistent link: https://www.econbiz.de/10010342889