, innovation. …

This paper analyzes the effects of tying arrangements on R&D incentives. It shows that tying is a means through which a … firm can commit to more aggressive R&D investment in the tied goods market. Tying also has the strategic effect of reducing … rivals' incentives to invest in R&D. The strategy of tying is a profitable one if the gains, via an increased share of …

This paper is about technology choices in a differentiated oligopoly. The main questions are: whether the position in … the product space affects the choice of technology, how changes in fixed costs affect price outcomes, the strategic … marginal) ones. The former is shown to be more ready than the latter to adopt a technology with low marginal costs and high …

This paper studies technology adoption in a duopoly where the unbiased technological change improves production … equilibrium in which the firm with more efficient technology never preempts its rival. Also, a class of equilibria may exist that … lead to a smaller industry surplus. In these equilibria either of the firms may preempt its rival in a set of technology …