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Technology Sharing Cartels and Industrial Structure under a Rule of Thumb

Author

Listed:
  • Ahmad Naimzada

    (Department of Economics, University of Milan-Bicocca)

  • Emanuela Randon

    (Department of Economics, University of Milan-Bicocca)

Abstract

We analyse the effect of learning by doing on firm performances when profit maximization follows a rule of thumb. Three regimes are compared: the technology sharing cartels, the oligopoly with spillovers, the proprietary regime. We show the dynamic implications on the industrial structure when firm production plan is revisited period by period.

Suggested Citation

  • Ahmad Naimzada & Emanuela Randon, 2004. "Technology Sharing Cartels and Industrial Structure under a Rule of Thumb," Working Papers 71, University of Milano-Bicocca, Department of Economics, revised May 2004.
    • Handle: RePEc:mib:wpaper:71
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Oligopoly; Cartel; Industrial Structure; Learning; Dynamic Behaviour; Rule of Thumb;
    All these keywords.

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets

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