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Convergence to symmetry in dynamic strategic models of R&D: The undiscounted case


  • Joshi, Sumit
  • Vonortas, Nicholas S.


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  • Joshi, Sumit & Vonortas, Nicholas S., 2001. "Convergence to symmetry in dynamic strategic models of R&D: The undiscounted case," Journal of Economic Dynamics and Control, Elsevier, vol. 25(12), pages 1881-1897, December.
  • Handle: RePEc:eee:dyncon:v:25:y:2001:i:12:p:1881-1897

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    References listed on IDEAS

    1. d'Aspremont, Claude & Jacquemin, Alexis, 1988. "Cooperative and Noncooperative R&D in Duopoly with Spillovers," American Economic Review, American Economic Association, vol. 78(5), pages 1133-1137, December.
    2. Richard J. Rosen, 1991. "Research and Development with Asymmetric Firm Sizes," RAND Journal of Economics, The RAND Corporation, vol. 22(3), pages 411-429, Autumn.
    3. Duffie, Darrell, et al, 1994. "Stationary Markov Equilibria," Econometrica, Econometric Society, vol. 62(4), pages 745-781, July.
    4. Suzumura, Kotaro, 1992. "Cooperative and Noncooperative R&D in an Oligopoly with Spillovers," American Economic Review, American Economic Association, vol. 82(5), pages 1307-1320, December.
    5. Simpson, R David & Vonortas, Nicholas S, 1994. "Cournot Equilibrium with Imperfectly Appropriable R&D," Journal of Industrial Economics, Wiley Blackwell, vol. 42(1), pages 79-92, March.
    6. Poyago-Theotoky, Joanna, 1996. "R&D Competition with Asymmetric Firms," Scottish Journal of Political Economy, Scottish Economic Society, vol. 43(3), pages 334-342, August.
    7. Lionel W. McKenzie, 2012. "turnpike theory," The New Palgrave Dictionary of Economics, Palgrave Macmillan.
    8. Dosi, Giovanni, 1988. "Sources, Procedures, and Microeconomic Effects of Innovation," Journal of Economic Literature, American Economic Association, vol. 26(3), pages 1120-1171, September.
    9. De Bondt, Raymond, 1997. "Spillovers and innovative activities," International Journal of Industrial Organization, Elsevier, vol. 15(1), pages 1-28, February.
    10. Cohen, Wesley M & Levinthal, Daniel A, 1989. "Innovation and Learning: The Two Faces of R&D," Economic Journal, Royal Economic Society, vol. 99(397), pages 569-596, September.
    11. Kamien, Morton I & Muller, Eitan & Zang, Israel, 1992. "Research Joint Ventures and R&D Cartels," American Economic Review, American Economic Association, vol. 82(5), pages 1293-1306, December.
    12. De Bondt, Raymond & Veugelers, Reinhilde, 1991. "Strategic investment with spillovers," European Journal of Political Economy, Elsevier, vol. 7(3), pages 345-366, October.
    13. Spence, Michael, 1984. "Cost Reduction, Competition, and Industry Performance," Econometrica, Econometric Society, vol. 52(1), pages 101-121, January.
    14. De Bondt, Raymond & Slaets, Patrick & Cassiman, Bruno, 1992. "The degree of spillovers and the number of rivals for maximum effective R &D," International Journal of Industrial Organization, Elsevier, vol. 10(1), pages 35-54, March.
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    Cited by:

    1. Joshi, Sumit, 2003. "The stochastic turnpike property without uniformity in convex aggregate growth models," Journal of Economic Dynamics and Control, Elsevier, vol. 27(7), pages 1289-1315, May.
    2. repec:kap:iaecre:v:16:y:2010:i:3:p:243-256 is not listed on IDEAS
    3. Nicholas Vonortas, 1999. "How do Participants in Research Joint Ventures Diversify?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 15(3), pages 263-281, November.
    4. repec:ebl:ecbull:v:12:y:2002:i:6:p:1-9 is not listed on IDEAS
    5. Robert Schmidt, 2013. "Price competition and innovation in markets with brand loyalty," Journal of Economics, Springer, vol. 109(2), pages 147-173, June.

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