Amir, Rabah, Nannerup, Niels, Stepanova, Anna, Eguiazarova, Eline (2002) Monopoly versus R&D-integrated Duopoly. Manchester School, 70 (1). pp. 88-100. ISSN 1463-6786. (doi:10.1111/1467-9957.00285) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:7180)
| The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. | |
| Official URL: http://dx.doi.org/10.1111/1467-9957.00285 |
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Abstract
In the standard two-stage framework of R&D/product market competition, this paper provides a performance comparison between monopoly and the cartelized research joint venture, using two well-known models based on different versions of the R&D spillover process. According to the model with a wider scope of application, monopoly always leads to a higher propensity for R&D and, when R&D costs are low, to the best overall market performance. The results also allow for a comparison between the two underlying models of strategic R&D.
| Item Type: | Article |
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| DOI/Identification number: | 10.1111/1467-9957.00285 |
| Subjects: | H Social Sciences > HB Economic Theory |
| Institutional Unit: | Schools > School of Economics and Politics and International Relations > Economics |
| Former Institutional Unit: |
Divisions > Division of Human and Social Sciences > School of Economics
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| Depositing User: | Anna Stepanova |
| Date Deposited: | 09 Mar 2009 23:55 UTC |
| Last Modified: | 20 May 2025 12:37 UTC |
| Resource URI: | https://kar.kent.ac.uk/id/eprint/7180 (The current URI for this page, for reference purposes) |
University of Kent Author Information
Stepanova, Anna.
| Creator's ORCID: |
 https://orcid.org/0000-0003-1965-842X
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