R&D DYNAMICS
R&D DYNAMICS
Date
2013
Authors
Becker,J
Ferreira,M
Bruno Mendes Oliveira
Alberto Pinto
Journal Title
Journal ISSN
Volume Title
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Abstract
We study a Cournot duopoly model using Ferreira-Oliveira-Pinto's R&D investment function. We find the multiple perfect Nash equilibria and we analyse the economical relevant quantities like output levels, prices, consumer surplus, profits and welfare.