R&D Activities in Oligopoly and Social Welfare
نویسندگان
چکیده
منابع مشابه
The Welfare Effects of Location and Quality in Oligopoly
In this paper we argue that two important causes of welfare losses in oligopolistic markets have been neglected. We show that in models where location is endogenous, welfare losses arising from wrong locations or from lack of market coverage may be substantial despite firms competing in prices. In contrast, welfare losses arising from quality choice are modest but they might vary discontinuousl...
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I analyse the effects of a downstream merger in a differentiated oligopoly when there is bargaining between downstream firms and upstream agents (firms or unions). Bargaining outcomes can be observable or unobservable by rivals. When competition is in quantities, upstream agents are independent and bargaining is over a uniform input price, a merger between downstream firms may raise consumer su...
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Great expectations are being placed on firms to act with increasing social responsibility, which is adding a new dimension to the role of management and the vision of companies. Meanwhile, society is looking more closely at the impact of business on the public. Thus, the notion of the corporate citizenship is a significant transition in corporate consciousness as organizations look beyond their...
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It is often argued, though mostly informally, that outward foreign direct investment (FDI) is a synonym for the export of employment and thus detrimental to the home economy. To see whether and under what conditions this intuition indeed holds true, we construct a model of unionized duopoly and examine welfare implications of outward FDI on the home country. It is found that the presence of dom...
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ژورنال
عنوان ژورنال: International Journal of Management and Economics
سال: 2015
ISSN: 2299-9701
DOI: 10.1515/ijme-2015-0025