This paper reports a laboratory experiment that provides insights on cooperation in R&D investment when knowledge sharing decisions are endogenous. Specifically, there are two types of treatments: one in which participants decide on whether to share knowledge before they make their investment...

We present a structural model to investigate the effects of horizontal cooperation on investment in the context of telecommunication networks. More specifically, we estimate the effect of network sharing in the mobile telecommunications industry on prices, network quality and consumer welfare....

As an effective investment strategy, investors often invest jointly in a company by forming a syndicate. The unique feature of this paper is that it endogenizes the formation of an investment syndicate. We provide a theory on the endogenous formation of networks in investment syndication and...