Publication
Title
Voluntary R&D cooperation in experimental duopoly markets
Author
Abstract
In the paper I examine in an experiment whether for two different levels of technological spillovers, cooperative R&D behavior voluntarily arises when firms have communication possibilities. It is assumed that in the output market, firms compete `a la Cournot. Experimental results indicate that when technological spillovers are complete and subjects communicate, R&D decisions converge to the cooperative level, while in other cases R&D decisions converge towards the Nash equilibrium.
Language
English
Source (series)
Research paper / UA, Faculty of Applied Economics UFSIA-RUCA ; 2003:029
Publication
Antwerp : UA, 2003
Volume/pages
19 p.
UAntwerpen
Faculty/Department
Research group
Publication type
Affiliation
Publications with a UAntwerp address
External links
Record
Identification
Creation 08.10.2008
Last edited 04.09.2013
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