search query: @author Long, N. van / total: 6
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Author: | Long, N. Van Soubeyran, A. |
Title: | Asymmetric contributions to research joint ventures |
Journal: | Japanese Economic Review
1999 : JUN, VOL. 50:2, p. 122-137 |
Index terms: | R&D Companies Models |
Freeterms: | Research joint ventures |
Language: | eng |
Abstract: | It is shown in the paper that ex-ante identical oligopolists may find it optimal to contribute asymmetrically to a research joint venture. The reason is found in the trade-off btw. the desire to increase the variance of the distribution of unit costs within the oligopoly and the incentive to efficiently carry out R&D activities by equalizing marginal R&D costs across firms. |
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