Abstract
This note considers the paper of Poyago Theotoky (1999) on stretegic R&D with endogenous spillovers. It proves through an example that, under R&D collusion, optimality sometimes requires either minimal or asymmetric spillovers. It also provides a simple sufficient condition for optimal spillovers between colluding firms to involve maximal spillovers.
Lingua originale | English |
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pagine (da-a) | 177-184 |
Numero di pagine | 8 |
Rivista | Review of Industrial Organization |
Volume | 33 |
Stato di pubblicazione | Published - 2008 |
All Science Journal Classification (ASJC) codes
- ???subjectarea.asjc.2000.2002???
- ???subjectarea.asjc.1400.1408???
- ???subjectarea.asjc.1400.1407???
- ???subjectarea.asjc.1400.1405???