Welfare properties of strategic R&D investments in Hotelling models

被引：11

作者：

Matsumura, Toshihiro ^{[2
]}

Matsushima, Noriaki ^{[1
]}

机构：

[1] Osaka Univ, Inst Social & Econ Res, Osaka 5670047, Japan

[2] Univ Tokyo, Inst Social Sci, Bunkyo Ku, Tokyo 1130033, Japan

来源：

ECONOMICS LETTERS | 2012年 / 115卷 / 03期

关键词：

R&D; Spatial competition; Welfare; PRODUCT DIFFERENTIATION; DEVELOPMENT SUBSIDIES; COMPETITION; COLLUSION; EQUILIBRIA;

D O I：

10.1016/j.econlet.2011.12.106

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In linear-city models, if firms are allowed (not allowed) to locate outside the linear city, they engage in excessive (insufficient) R&D investments from the normative viewpoint. This implies that the feasible set of locations drastically affects their investments. (C) 2011 Elsevier B.V. All rights reserved.

引用

页码：465 / 468

页数：4

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