Dynamic games of innovation
From MaRDI portal
Publication:1158356
DOI10.1016/0022-0531(81)90015-6zbMath0472.90100OpenAlexW2085323401MaRDI QIDQ1158356
Publication date: 1981
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/0022-0531(81)90015-6
innovationindustrial research and developmentNash equilbriumrival firmssocially optimal rates of investment
Differential games (aspects of game theory) (91A23) Microeconomic theory (price theory and economic markets) (91B24) Other game-theoretic models (91A40) Multistage and repeated games (91A20) Operations research and management science (90B99)
Related Items
Equilibrium in behavior strategies in infinite extensive form games with imperfect information ⋮ A patent race in a real options setting: investment strategy, valuation, CAPM beta, and return volatility ⋮ Duplicative search ⋮ Search without looking ⋮ Stochastic differential games for which the open-loop equilibrium is subgame perfect ⋮ Expenditure patterns and timing of patent protection in a competitive R \& D environment ⋮ Shipwrecks and treasure hunters ⋮ A class of differential games for which the closed-loop and open-loop Nash equilibria coincide ⋮ Anwendungen des Maximumprinzips im Operations Research. II ⋮ Differential games with nonconvexities and positive spillovers ⋮ A stochastic differential game of duopolistic competition with sticky prices ⋮ Research and development with stock-dependent spillovers and price competition in a duopoly ⋮ Open and closed loop Nash equilibria in games with a continuum of players ⋮ Venture capital financed investments in intellectual capital ⋮ A COMPETITION GAME WITH KNOWLEDGE ACCUMULATION AND SPILLOVERS ⋮ Determinants of innovative activity in oligopolistic markets ⋮ R\&D competition, absorptive capacity and market shares ⋮ Competitive experimentation with private information: the survivor's curse ⋮ The effect of information streams on capital budgeting decisions ⋮ Clock games: theory and experiments ⋮ Innovation timing games: a general framework with applications ⋮ On the efficiency of the parallel path R\&D approach: A stochastic game analysis ⋮ Identification of classes of differential games for which the open loop is a degenerate feedback Nash equilibrium ⋮ Firms' R\&D decisions under incomplete information ⋮ A class of differential games which admits a feedback solution with linear value functions ⋮ Optimal expenditure patterns of a double-path engineering project ⋮ Tractable classes of nonzero-sum open-loop Nash differential games: Theory and examples ⋮ Differential game models in management science ⋮ Technological expectations and adoption of improved technology ⋮ On a dynamic model of cooperative and noncooperative R and D in oligopoly with spillovers ⋮ The evolution of cooperation in patent races:Theory and experimental evidence
Cites Work
- A class of differential games for which the closed-loop and open-loop Nash equilibria coincide
- Market Structure and Innovation
- A Dynamic Game of R and D: Patent Protection and Competitive Behavior
- Timing of Innovations Under Rivalry
- Existence Theorems in Partial Differential Equations. (AM-23)
- Unnamed Item
- Unnamed Item
