Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/162180
Authors: 
Bondarev, Anton
Greiner, Alfred
Year of Publication: 
2017
Series/Report no.: 
WWZ Working Paper 2017/02
Abstract: 
In this paper we analyze the dynamics of an R&D differential game allowing for technological spillovers and sigmoid learning functions of multiproduct oligopolies. We demonstrate how the presence of learning together with spillovers may generate a rich set of outcomes, varying from constant leadership to catching-up and falling behind as well as from technology lock-in to a situation with a large number of high quality products. These types of outcomes are qualitatively different both from the single firm dynamics with learning and from the duopoly case with spillovers and without learning.
Subjects: 
endogenous market structure
learning by doing
technological spillovers
heterogeneous innovations
differential games
JEL: 
C61
C73
L13
L16
O32
O33
Document Type: 
Working Paper

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