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R&d dynamics

Pages: 61 - 68, Issue special, November 2013

 Abstract        References        Full Text (651.8K)              

J. Becker - FCUP, University of Porto, Portugal (email)
M. Ferreira - LIAAD-INESC TEC Porto LA, Portugal (email)
B.M.P.M. Oliveira - LIAAD-INESC TEC Porto LA, Portugal (email)
A.A. Pinto - FCUP, University of Porto, Portugal (email)

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.

Keywords:  Nash $R\&D$ investment strategies, duopoly model.
Mathematics Subject Classification:  91A10, 91A40.

Received: September 2012; Published: November 2013.

 References