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We investigate a Cournot model with strategic R&D investments wherein efficient low-cost firms compete against less efficient high-cost firms. We find that an increase in the number of high-cost firms can stimulate R&D by the low-cost firms, while it always reduces R&D by the high-cost firms....
Persistent link: https://www.econbiz.de/10010332211
We examine incentives of bottleneck facility holders to manipulate access charge accounting in free entry downstream markets. We consider the situation wherein one firm holds an upstream bottleneck facility and new entrants use it at the regulated price (access fee) to provide final products....
Persistent link: https://www.econbiz.de/10010332450
We investigate a Cournot model with strategic R&D investments wherein efficient low-cost firms compete against less efficient high-cost firms. We find that an increase in the number of high-cost firms can stimulate R&D by the low-cost firms, while it always reduces R&D by the high-cost firms....
Persistent link: https://www.econbiz.de/10003981916
We examine incentives of bottleneck facility holders to manipulate access charge accounting in free entry downstream markets. We consider the situation wherein one firm holds an upstream bottleneck facility and new entrants use it at the regulated price (access fee) to provide final products....
Persistent link: https://www.econbiz.de/10009579360
Persistent link: https://www.econbiz.de/10009356806
We investigate a Cournot model with strategic R&D investments wherein efficient low-cost firms compete against less efficient high-cost firms. We find that an increase in the number of high-cost firms can stimulate R&D by the low-cost firms, while it always reduces R&D by the high-cost firms....
Persistent link: https://www.econbiz.de/10013094706
Persistent link: https://www.econbiz.de/10001465860
Persistent link: https://www.econbiz.de/10003398793
Persistent link: https://www.econbiz.de/10009696272
Persistent link: https://www.econbiz.de/10009756347