This paper uses a game theoretic model to investigate the 1993-94 split-up of the main German pharmaceutical association into an association for multinational, researchbased companies and an association representing small and medium-sized firms. In order to explain the breakdown of cooperation...

"One Political Economy, One Competitive Strategy? begins with an assessment of how many pharmaceutical firms in Germany, Italy, and the UK pursue strategies facilitated by national institutions governing the financial markets, antitrust activities, and the labour market. Quantitative analyses...