Technology Sharing Cartels and Industrial Structure under a Rule of Thumb
AbstractWe 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.
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Bibliographic InfoPaper provided by University of Milano-Bicocca, Department of Economics in its series Working Papers with number 71.
Length: 35 pages
Date of creation: May 2004
Date of revision: May 2004
Oligopoly; Cartel; Industrial Structure; Learning; Dynamic Behaviour; Rule of Thumb;
Find related papers by 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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