R&D Alliances as Non-Cooperative Supergames
R&D alliances (Research Joint Ventures or other institutional forms) normally involve repeated, non-contractible actions (investments in R&D), and uncertainty regarding both success and the terminal date. Accordingly, we model these agreements as equilibria of infinite-period supergames. Our...
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| Format: | workingPaper |
| Language: | eng |
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2019
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| Online Access: | http://hdl.handle.net/10362/88056 |
| Country: | Portugal |
| Oai: | oai:run.unl.pt:10362/88056 |