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This article presents a new approach to analyze the equilibrium set of symmetric, differentiable games by separating multiple symmetric equilibria and asymmetric equilibria. This separation allows the investigation of, for example, how various parameter constellations affect the scope for...
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In this paper we analyze R&D collaboration networks in industries where firms are competitors in the product market. Firms' benefits from collaborations arise by sharing knowledge about a cost-reducing technology. By forming collaborations, however, firms also change their own competitive...
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between stability and (in)existence of multiple symmetric equilibria. While there is an equivalence between stability … relationship breaks down in higher dimensions. Stability under symmetric adjustments is a minimum requirement of a symmetric …
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