Lambertini, Luca; Mantovani, Andrea; Rossini, Gianpaolo - 2001
We analyse R&D activity in transport and communication technology (TCRD), in a Cournot duopoly. Transport and communication costs are of the iceberg type, i.e., using up some portion of the product along its path to the final buyer. Firms invest in TCRD to increase the net amount of the product...