The welfare effects of cooperative R&D in oligopoly with spillovers

Review of Industrial Organization

Volumn 11, Issue 5, 1996, Pages 681-698

  Yi, Sang Seung ^a  

^a Lamont Doherty Earth Observatory   (United States)

Author keywords

Cooperative R D; Oligopoly; Social welfare

Indexed keywords

EID: 0001202838     PISSN: 0889938X     EISSN: None     Source Type: Journal    
DOI: 10.1007/BF00214829     Document Type: Article

References (13)

1. Bloch, F. (1995) 'Endogenous Structures of Association in Oligopolies', Rand Journal of Economics, 26, 537-556.
2. Choi, J. P. (1993) 'Cooperative R&D with Product Market Competition', International Journal of Industrial Organization, 11, 553-571.
3. d'Aspremont, C. and Jacquemin, A. (1988) 'Cooperative and Noncooperative R&D in an Oligopoly with Spillovers', American Economic Review, 78, 1133-1137.
4. Farrell, J. and Shapiro, C. (1990) 'Horizontal Mergers: An Equilibrium Analysis', American Economic Review, 80, 107-126.
5. Kamien, M., Muller, E., and Zang, I. (1992) 'Research Joint Ventures and R&D Cartels', American Economic Review, 82, 1293-1306.
6. Katz, M. L. (1986) 'An Analysis of Cooperative Research and Development', Rand Journal of Economics, 17, 527-543.
7. Katz, M. L. and Ordover, J. A. (1990) 'R&D Cooperation and Competition', Brookings Papers on Economic Activity, Microeconomics, pp. 137-204.
8. Seade, J. (1985) 'Profitable Cost Increases and the Shifting of Taxation: Equilibrium Responses of Markets in Oligopoly', Unpublished manuscript, Warwick University.
9. Spence, A. M. (1984) 'Cost Reduction, Competition, and Industry Performance', Econometrica, 52, 101-121.
10. Suzumura, K. (1992) 'Cooperative and Noncooperative R&D in an Oligopoly with Spillovers', American Economic Review, 82, 1307-1320.
11. Yi, S.-S. (1995a) 'R&D Cooperation, Product-market Collusion and Welfare', Dartmouth College Department of Economics WP 95-17.
12. Yi, S.-S. (1995b) 'Endogenous Formation of Research Coalitions with Efficiency Gains', Dartmouth College Department of Economics WP 95-25.
13. Yi, S.-S. and Shin (1995) 'Endogenous Formation of Research Joint Ventures', Dartmouth College Department of Economics WP 95-15.