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Title: R&D dynamics with asymmetric efficiency
Authors: Ferreira,M
João Paulo Almeida
Bruno Mendes Oliveira
Alberto Pinto
Issue Date: 2016
Abstract: We consider an R&D investment function in a Cournot duopoly competitionmodel inspired in the logistic equation. We study the economical effects resulting from the firms having different R&D efficiencies. We present three cases: (1) both firms are efficient and have the same degree of efficiency; (2) both firms are less efficient and have the same degree of efficiency; (3) firms are asymmetric in terms of the efficiency of their R&D investment programs.We study the myopic dynamics on the production costs obtained from investing the Nash investment equilibria. © Springer-Verlag Berlin Heidelberg 2016.
metadata.dc.type: conferenceObject
Appears in Collections:LIAAD - Articles in International Conferences

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