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| Author: | Petit, M. Tolwinski, B. |
| Title: | Technology sharing cartels and industrial structure |
| Journal: | International Journal of Industrial Organization
1997 : FEB, VOL. 15:1, p. 77-102 |
| Index terms: | INTERNATIONAL ORGANIZATIONS TECHNOLOGY INDUSTRIAL STRUCTURE |
| Language: | eng |
| Abstract: | The effects of "technology sharing cartels" on the behavior of firms and industrial structure are analysed. Unit production costs are assumed to decrease with experience, which at any given time is proportional to the total production accumulated until that time. The "learning by doing" process is examined in a context of a duopolistic market, modeled as an infinite horizon dynamic game, for which subgame perfect (feedback) Nash equilibria are sought. Both symmetric and asymmetric oligopolies are examined. |
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