RJV in Product Innovation and the Form of Market Competition
AbstractThis paper investigates the endogenous choice between price- and quantity-setting behaviour in a duopoly game where firms invest in product development first, and then play a marketing game later. Only in the initial R&D stage, the two firms set up a joint venture in order to share the costs of product innovation. a
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Bibliographic InfoPaper provided by The University of Melbourne in its series Department of Economics - Working Papers Series with number 668.
Length: 10 pages
Date of creation: 1998
Date of revision:
Contact details of provider:
Postal: Department of Economics, The University of Melbourne, 5th Floor, Economics and Commerce Building, Victoria, 3010, Australia
Phone: +61 3 8344 5289
Fax: +61 3 8344 6899
Web page: http://www.economics.unimelb.edu.au
More information through EDIRC
GAME THEORY ; RESEARCH AND DEVELOPMENT ; COSTS;
Other versions of this item:
- L. Lambertini & S. Poddar & D. Sasaki, 1998. "RJV in Product Innovation and the Form of Market Competition," Working Papers 343, Dipartimento Scienze Economiche, Universita' di Bologna.
- D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
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- Gal-Or, Esther, 1985. "First Mover and Second Mover Advantages," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 26(3), pages 649-53, October.
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Springer, vol. 38(4), pages 567-577, December.
- S. Albaek & L. Lambertini, 1997. "Price Vs Quantity in Duopoly Supergames With Close Substitutes," Working Papers 303, Dipartimento Scienze Economiche, Universita' di Bologna.
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