Title
Piecewise R&D dynamics on costs
Authors
Year of publication
2010
Published in
Article type
scientific article
Publication language
english
Keywords
EN
- Cournot duopoly model
- strategic R&D
- patents
PL
- model Cournota
- funkcja redukcji kosztów
Abstract
EN We consider an R&D cost reduction function in a Cournot competition model inspired by the logistic equation. We present the associated game and observe the existence of three different economical behaviors depending upon the firms’ decisions in terms of investments. We exhibit the boundaries of these investment regions.
Pages (from - to)
29 - 42
License type
CC BY-NC-ND (attribution - noncommercial - no derivatives)
Full text of article
Access level to full text
public
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