Dynamic model of R\&D, spillovers, and efficiency of Bertrand and Cournot equilibria

DOI10.1023/B:JOTA.0000043989.95285.51zbMath1114.91021OpenAlexW2084284149MaRDI QIDQ1771097

A. Turki, Georges Zaccour, Michèle Breton

Publication date: 7 April 2005

Published in: Journal of Optimization Theory and Applications (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1023/b:jota.0000043989.95285.51

zbMATH Keywords

differential gamesduopolyBertrand equilibriumCournot equilibriumresearch and developmentsocial optimum

Mathematics Subject Classification ID

Differential games (aspects of game theory) (91A23) Production theory, theory of the firm (91B38) Special types of economic markets (including Cournot, Bertrand) (91B54)

Related Items (8)

Dynamic efficiency of Cournot and Bertrand competition: input versus output spillovers ⋮ Dynamics in research joint ventures and R\&D collaborations ⋮ Dynamic strategic interaction between an innovating and a non-innovating incumbent ⋮ The impact of variable cost on a dynamic Cournot-Stackelberg game with two decision-making stages ⋮ R\&D equilibrium strategies with surfers ⋮ Developments in differential game theory and numerical methods: Economic and management applications ⋮ The impact of government subsidies on private R\&D investment in different markets ⋮ New product introduction and capacity investment by incumbents: effects of size on strategy

Cites Work

• Unnamed Item
• On the efficiency of Bertrand and Cournot equilibria with product differentiation
• Equilibrium prices in the Bertrand and Cournot oligopolies
• Dynamic oligopoly with capacity adjustment costs
• Comparing Cournot and Bertrand in a homogeneous product market
• On the dynamic efficiency of Bertrand and Cournot equilibria
• A note on price and quantity competition in differentiated oligopolies
• Capacity Investment, Preemption and Commitment in an Infinite Horizon Model
• Profitability of price and quantity strategies in an oligopoly

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