Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/159237
Authors: 
Lambertini, Luca
Year of Publication: 
2001
Series/Report no.: 
Quaderni - Working Paper DSE 396
Abstract: 
I analyse a differential game where firms, through capital accumulation over time, supply vertically differentiated goods. This proves that several results obtained by the static approach are not robust. I show that (i) the sustainability of the duopoly regime is conditional upon the level of firms' R&D investments; (ii) there are quality ranges where the low quality firm invests more than the high quality firm; (ii) there are quality ranges where the low quality firm's profits are larger than the high quality firm's.
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/3.0/
Document Type: 
Working Paper

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