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and oligopoly, if and only if a monopolist (with or without commitment power) optimally sells her capacity with …
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The paper analyzes the impact of FDI on home and host countries, when firms compete both in the choice of international strategy and in R&D. A two-country, two-firm model is used. The problem is structured as a three-stage game in which firms must decide: the mode of foreign expansion; how much...
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