Comparing Cournot and Bertrand equilibria in a differentiatied duopoly with product R&D

Article Abstract:

A comparison is made of Bertrand and Cournot equilibria for a differentiated duopoly with product R&D and substitute goods. The study finds that in some cases, quantity competition can be better than price competition for both firms and consumers.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Downstream R&D, raising rivals' costs, and input price contracts

Article Abstract:

A study finds that with increased demand for an input, downstream R&D lets the upstream firm increase its input price. While this will decrease the benefit of R&D for a downstream firm, it raises its rivals' costs.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Does the market value R&D investment by European firms? Evidence from a panel of manufacturing firms in France, Germany, and Italy

Article Abstract:

The importance given by European manufacturing companies to R&D expenditure is analyzed.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code: