R&D dynamics with asymmetric efficiency

• Type: Article in International Conference Proceedings Book
• Date: 2016

Authors

Ferreira, M (Author) Other; Almeida, J P (Author) Other; Bruno M P M Oliveira (Author) FCNAUP; Alberto A. Pinto (Author) FCUP

Conference proceedings International

Title: Springer Proceedings in Mathematics and Statistics

Pages: 73-83

Indexing

Scopus - 2 Citations

Scientific classification

CORDIS: Health sciences

FOS: Medical and Health sciences

Other information

Authenticus ID: P-00M-6XH

DOI: 10.1007/978-3-662-52927-0_6

Abstract (EN): We consider an R&D investment function in a Cournot duopoly competition model inspired in the logistic equation. We study the economical effects resulting from the firms having different R&D efficiencies. We present three cases: (1) both firms are efficient and have the same degree of efficiency; (2) both firms are less efficient and have the same degree of efficiency; (3) firms are asymmetric in terms of the efficiency of their R&D investment programs. We study the myopic dynamics on the production costs obtained from investing the Nash investment equilibria.

Language: English

Type (Professor's evaluation): Scientific

Notes: <a href="http://www.scopus.com/record/display.url?eid=2-s2.0-84994890736&origin=inward">Indexado na Scopus</a>

No. of pages: 11