Product Innovation and Transportation Technology in a Cournot Duopoly

Mantovani, Andrea (2001) Product Innovation and Transportation Technology in a Cournot Duopoly. Bologna: Dipartimento di Scienze economiche DSE, p. 40. DOI 10.6092/unibo/amsacta/4883. In: Quaderni - Working Paper DSE (416). ISSN 2282-6483.
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Abstract

In this paper I will evaluate the strategic behavior of two firms which can activate R&D investments either to process or to product innovation. I will consider a particular kind of process R&D activity, which I will call Transport and Communication R&D and which aims at increasing the net amount of the product that reaches consumers. I will limit my study to a Cournot duopoly setting. The strategic interaction will be therefre axpressed in terms of a two-stage three strategy game, where firms first decide whether to invest in one of the two types of R&D and then they compete in the market by setting quantities. As a result, I will obtain both symmetric and asymmetric equilibria, depending on the relative efficiency of the R&D effert.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Mantovani, Andrea
Keywords
R&D, transportation and communications, product innovatio
Subjects
ISSN
2282-6483
DOI
Deposit date
17 Mar 2016 11:35
Last modified
17 Mar 2016 11:35
URI

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