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This paper examines the questions of who participates in the provision of a public good through the voluntary participation of agents in the presence of strong complementarity between a public good and a private good. We show that the greater the initial endowment of the private good that agents...
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We analyze firms' decisions to adopt a vertical integrated or decentralized structure taking into account the characteristics of both the final good competition and the R&D process. We consider two vertical chains, where R&D is conducted by upstream sectors. R&D investment determines the...
Persistent link: https://www.econbiz.de/10012121918
This paper examines the questions of who participates in the provision of a public good through the voluntary participation of agents in the presence of strong complementarity between a public good and a private good. We show that the greater the initial endowment of the private good that agents...
Persistent link: https://www.econbiz.de/10013111397
Persistent link: https://www.econbiz.de/10008695349
Persistent link: https://www.econbiz.de/10003813618
Persistent link: https://www.econbiz.de/10003172016
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