Strategic optimization in R&D investment

We use d'Aspremont and Jacquemin's strategic optimal R&D investment in a duopoly Cournot competition model to construct myopic optimal discrete and continuous R&D dynamics. We show that for some high initial production costs, the success or failure of a firm is very sensitive to sm...

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Detalhes bibliográficos
Autor principal: Ferreira, M. (author)
Outros Autores: Figueiredo, I. P. (author), Oliveira, B.M.P.M. (author), Pinto, A.A. (author)
Formato: article
Idioma:eng
Publicado em: 2012
Assuntos:
Texto completo:https://hdl.handle.net/10216/93675
País:Portugal
Oai:oai:repositorio-aberto.up.pt:10216/93675