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competition depends on demand uncertainty, suppliers' asymmetry, and the magnitude of the externalities. Under low externalities …We study a model of competition with multiple suppliers who sell green technology products, such as electric vehicles … production quantities depending on the level of subsidies offered by the government. We quantify how competition affects …
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effect of recombinant innovation of the two technologies. A mechanism of endogenous competition is described involving a … positive externality of increasing returns to investment which are counterbalanced by recombinant innovation. We determine … innovation. …
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