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Title:Cooperation in the Classroom : Experimenting with Research Joint Ventures PDF Logo
Authors:Goeree, Michelle S.
Hinloopen, Jeroen
Issue Date:2004
Series/Report no.:Working paper series / Claremont McKenna College 04,08
Abstract:This paper describes a classroom exercise that illustrates the investment incentives facing firms when technological spillovers are present. The game involves two stages in which student ?sellers? first make investment decisions then production decisions. The classroom game can be used to motivate discussions of research joint ventures, the free-rider problem, collusion, and antitrust policy regarding research and development.
Subjects:classroom games
research and development
research joint ventures
technological spillovers
Document Type:Working Paper
Appears in Collections:Claremont Colleges Working Papers in Economics, Department of Economics, Claremont McKenna College

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