Comparing Cournot and Bertrand equilibria in a differentiatied duopoly with product R&D
Article Abstract:
A comparison is made of Bertrand and Cournot equilibria for a differentiated duopoly with product R&D and substitute goods. The study finds that in some cases, quantity competition can be better than price competition for both firms and consumers.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
Downstream R&D, raising rivals' costs, and input price contracts
Article Abstract:
A study finds that with increased demand for an input, downstream R&D lets the upstream firm increase its input price. While this will decrease the benefit of R&D for a downstream firm, it raises its rivals' costs.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
Does the market value R&D investment by European firms? Evidence from a panel of manufacturing firms in France, Germany, and Italy
Article Abstract:
The importance given by European manufacturing companies to R&D expenditure is analyzed.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Looking for equilibrium. Media's message: Malaysian buyout ends political face-off. Inflation abates
- Abstracts: Putting talent out to tender. Traditional skills help create a twentieth-century crafts gallery. Only if the price is right
- Abstracts: Driven to distraction: foreign-policy missteps dim Evans's political lustre. A sweeter pill: Liberal leader takes sting out of reform
- Abstracts: Smart phones lure Psion and 3 partners. Enso Timber and Schweighofer to merge in cash, stock deal. Vodafone unveils mobile cards
- Abstracts: Yangtze River rebound. Our future with Sars. An easy way to lose your shirt