Product homogeneity as a prisoner's dilemma in a duopoly with R&D

被引：26

作者：

Lambertini, L ^{[1
]}

Rossini, G ^{[1
]}

机构：

[1] Dipartimento Sci Econ, I-40125 Bologna, Italy

来源：

ECONOMICS LETTERS | 1998年 / 58卷 / 03期

关键词：

R & D; product innovation; externality;

D O I：

10.1016/S0165-1765(98)00011-1

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We prove that firms may decide to compete in undifferentiated products due to a prisoner's dilemma generated by externalities affecting R&D in product innovation. Moreover, the incentive to invest is higher under price competition than under quantity competition. (C) 1998 Elsevier Science S.A.

引用

页码：297 / 301

页数：5