R&D Competition in an Asymmetric Cournot Duopoly: The Welfare Effects of Catch-Up by the Laggard Firm
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More about this item
Keywords
asymmetric duopoly; catch-up; social welfare; process R&D.;
All these keywords.JEL classification:
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BEC-2012-07-08 (Business Economics)
- NEP-COM-2012-07-08 (Industrial Competition)
- NEP-IND-2012-07-08 (Industrial Organization)
- NEP-INO-2012-07-08 (Innovation)
- NEP-TID-2012-07-08 (Technology and Industrial Dynamics)
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