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Licensing and Collusive Behavior : A Duopoly Game

Lindblom, Ted; Mallios, Aineas; Sjögren, Stefan - 2022

We examine the role of licensing agreements in facilitating collusive behavior. The focus is on how technology transfer is used to influence product market behavior, market prices and quantities and the welfare effects thereof. Although collusion often leads to less production, technology...

Persistent link: https://www.econbiz.de/10013292540

Strategic Information Revelation in an R&D Race with Spillovers

Jansen, Jos - 2015

The paper analyzes how spillovers in the product market affect the incentives of firms to reveal information about their innovative productivity. Such spillovers create a free-rider effect in the patent race that countervails the familiar business-stealing effect. The equilibrium disclosure...

Persistent link: https://www.econbiz.de/10014072686

Managerial incentives and stackelberg equilibria in oligopoly

Scrimitore, Marcella - 2010

The paper investigates both quantity and price oligopoly games in markets with a variable number of managerial and entrepreneurial firms which defines market structure. Following Vickers (Economic Journal, 1985) which establishes an equivalence between the equilibrium under unilateral delegation...

Persistent link: https://www.econbiz.de/10011524757

Managerial incentives, innovation and product market competition

Zhang, Zhentang - 2002

This paper investigates the strategic value of the managerial incentive scheme in affecting firms' incentive in R&D investment and their product market activities. Firstly, we find that in Cournot-quantity competition, owners strategically assign a non-profit-maximization objective to their...

Persistent link: https://www.econbiz.de/10013436209

Managerial incentives, innovation and product market competition

Zhang, Zhentang - 2002

Persistent link: https://www.econbiz.de/10011436367

Electronic coordination in oligopolistic markets : impact on transport costs and product differentiation

Bandulet, Martin; Morasch, Karl - 2002

duopoly where firms compete in two spatially separated markets. We show that firms always have nonnegative incentives to … elektronische Koordination und in verstärkte Produktdifferenzierung in einem Duopol mit räumlich getrennten Märkten. Wir zeigen …

Persistent link: https://www.econbiz.de/10001736217

The limited liability effect in experimental duopoly markets

Oechssler, Joerg; Schuhmacher, Frank - 2001

Persistent link: https://www.econbiz.de/10001645854

On the Role of Patience in Collusive Bertrand Duopolies

Andersson, Ola - 2011

This paper analyzes the role of patience in a repeated Bertrand duopoly where firms bargain over which collusive price …

Persistent link: https://www.econbiz.de/10014178725

Lead, Follow or Cooperate? Endogenous Timing & Cooperation in Symmetric Duopoly Games

Marini, Marco A.; Rodano, Giorgio - 2011

given duopoly game as well as their intention to cooperate or not with their rival. The cooperation and timing formation … check for the existence of a subgame perfect Nash equilibrium (in pure strategies) of such a cooperation-timing duopoly game …. Two main results on the emergence of cooperation are provided. If players' actions in the symmetric duopoly game are …

Persistent link: https://www.econbiz.de/10014179354

A Note on Evolutionary Stability of Bertrand Equilibrium

Hehenkamp, Burkhard; Leininger, Wolfgang - 1999

It is shown that the equilibrium notion of an evolutionary stable strategy (ESS) does have predictive power for standard models of Bertrand competition. This is in contrast to a recent claim by Qin and Stuart (1997). The claim is based on the observation that the solution concept ESS behaves...

Persistent link: https://www.econbiz.de/10014184323