Bimonte, Giovanna; Romano, Maria Grazia; Russolillo, Maria - In: Games 12 (2021) 3, pp. 1-13
-simultaneous sequential game, two risk-neutral firms are endowed with a green innovation project that, if successful, would reduce the overall … firm's innovation. In this setting, the R&D investment in a Circular Economy, by affecting the distribution of production … depends on the firms' strategy in the product market. Furthermore, the analysis points out that cooperation in R&D of firms …