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| Tekijä: | Amir, M. Amir, R. Jin, J. |
| Otsikko: | Sequencing R&D decisions in a two-period duopoly with spillovers |
| Lehti: | Economic Theory
2000 : VOL. 15:2, p. 297-318 |
| Asiasana: | SEQUENTIAL ANALYSIS SECRETARIES DUOPOLY |
| Kieli: | eng |
| Tiivistelmä: | The authors compare simultaneous versus sequential moves in R&D decisions within an asymmetric R&D/Cournot model with linear demand (for differentiated products), general R&D costs, and spillovers. Simultaneous play and sequential play can emerge as appropriate formulations, depending on the ratios of spillover rate over demand cross-slope, but not on R&D efficiency. |
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