Login per gli autori
Lambertini, Luca ; Mantovani, Andrea
(2000)
Price vs Quantity in a Duopoly with Technological Spillovers: A Welfare Re-Appraisal.
Bologna:
Dipartimento di Scienze economiche DSE,
p. 17.
DOI 10.6092/unibo/amsacta/4920.
In: Quaderni - Working Paper DSE
(389).
ISSN 2282-6483.
Full text disponibile come:
Anteprima |
Documento di testo(pdf)
Licenza: Creative Commons Attribution Non-commercial 3.0 (CC BY-NC 3.0) Download (156kB) | Anteprima |
Abstract
We analyse the problem of the choice of the market variable in a model where firms activate R&D investments for process innovation. We establish that (i) firms always choose the Cournot behaviour; and (ii) there exists a set of the relevant parameters where a benevolent social planner prefers quantity setting to price setting. This happens when the marginal cost of R&D activities is relatively low while technological externalities are relatively high. In this situation, the conflict between social and private preferences over the type of market behaviour disappears.
Abstract
Altri metadati
Statistica sui download
Statistica sui download
Gestione del documento:
