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Chen and Chen (J Ind Compet Trade 11:43−55, <CitationRef CitationID="CR1">2011</CitationRef>) analyze the effects of compatibility under system product Cournot competition with network externalities. They show that a firm’s optimal strategy is to set an incompatible system standard, even though perfect compatibility is socially...</citationref>
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This paper examines strategic investment subsidies in an international oligopoly. A general oligopoly model is constructed in which firms compete in two stages and governments commit to investment subsidies prior to firms' actions. The paper considers asymmetry among firms that arises from the...
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This paper first presents the optimal conditions for strategic R&D investment policy in the cases of noncooperative and cooperative R&D investment policies with international rivalry. Then we deal with a model of strategic product (i.e., quality-improving) R&D investment competition. In...
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Applying a standard model of endogenous quality choice to the case of multiple national markets (i.e., a developed and a less developed country), we consider the effect of an economic integration (i.e., a movement from segmented markets into a single integrated market through the removal of...
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