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The authors construct an asymmetric duopolistic R&D and production behavior model subject to knowledge spillovers. This model is an extension to the symmetric model of d'Aspremont and Jaquemin (A&J (1988)) and aims to determine the cooperative and non-cooperative R&D strategiesfor two agents of...
Persistent link: https://www.econbiz.de/10001480419
We construct an asymmetric duopolistic R&D and production behavior model subject to knowledge spillovers. This model is an extension to the symmetric model of d'Aspremont and Jacquemin (A&J (1988)) and aims to determine the cooperative and non-cooperative R&D strategies for two agents of...
Persistent link: https://www.econbiz.de/10013321090
Persistent link: https://www.econbiz.de/10003228259
We construct an asymmetri c duopolistic R&D and production behavior model subject to knowledge spillovers. This model is an extension to the symmetric model of d'Aspremont and Jacquemin (A&J (1988)) and aims to determine the cooperative and non-cooperative R&D strategies for two agents of...
Persistent link: https://www.econbiz.de/10009781563
Persistent link: https://www.econbiz.de/10000959187
Persistent link: https://www.econbiz.de/10003358981
In this paper we consider a number of key issues related to the policy coordination in a monetary union that has been recently discussed in the literature. To this end we propose a multi-country New-Keynesian model of a monetary union cast in the framework of linear quadratic differential games....
Persistent link: https://www.econbiz.de/10003807838
Persistent link: https://www.econbiz.de/10003860052
Persistent link: https://www.econbiz.de/10003423319
This article examines the role of the interaction between product market and labor market imperfections in determining total factor productivity growth (TFPG). Embedding Dobbelaere and Mairesse's (2009) generalization of Hall's (1990) approach, allowing for the possibility that wages are...
Persistent link: https://www.econbiz.de/10003974678