English, Article, Journal or magazine article edition: Incentives to innovate in oligopolies Paul, BELLEFLAMME; Cecilia, VERGARI

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Bookmark: http://trove.nla.gov.au/version/177970
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Incentives to innovate in oligopolies
Author
  • Paul, BELLEFLAMME
  • Cecilia, VERGARI
Physical Description
  • preprint
Notes
  • In the spirit of Arrow (1962), we examine, in an oligopoly model with horizontally differentiated products, how much a firm is willing to pay for a process innovation that it would be the only one to use. We show that different measures of competition (number of firms, degree of product differentiation, Cournot vs Bertrand) affect incentives to innovate in non-monotoic, different, and potentially ways.
  • innovation; profit incentive; oligopoly; product differentiation
  • RePEc:ctl:louvec:2006008
Language
  • English
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