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ID 41549
JaLCDOI
Sort Key
5
Title Alternative
Strategic Games and R&D Investment with Spillovers
FullText URL
Author
Haruna, Shoji Kaken ID researchmap
Abstract
The paper considers the problem of whether in a strategic two-stage game duopolistic firms make an overinvestment or underinvestment in R & D when there are their spillovers. We deal with two cases of Cournot quantity and Bertrand price competitions. It is shown that in Cournot (Bertrand) competition each firm has an incentive to use a larger (less) or less (larger) investment than the one required to minimize the costs of investment according as its rival's spillover rate is relatively small or large.
Note
論説 (Article)
Publication Title
岡山大学経済学会雑誌
Published Date
1999-03-10
Volume
volume30
Issue
issue3
Publisher
岡山大学経済学会
Publisher Alternative
The Economic Association of Okayama University
Start Page
107
End Page
124
ISSN
0386-3069
NCID
AN00032897
Content Type
Journal Article
OAI-PMH Set
岡山大学
language
Japanese
File Version
publisher
NAID
Eprints Journal Name
oer