On the likelihood of a prisoners' dilemma in a differentiated duopoly

被引:5
|
作者
Bernhofen, DM [1 ]
Bernhofen, LT
机构
[1] Clark Univ, Dept Econ, Worcester, MA 01610 USA
[2] Univ Ulm, Dept Econ Policy, D-89081 Ulm, Germany
[3] Clark Univ, Dept Math & Comp Sci, Worcester, MA 01610 USA
关键词
prisoners' dilemma; product innovation; duopoly;
D O I
10.1016/S0165-1765(99)00104-4
中图分类号
F [经济];
学科分类号
02 ;
摘要
Lambertini and Rossini claim that firms might produce undifferentiated products due to a prisoners' dilemma in product innovation. We revisit their model and show that if firms are more Likely to compete in homogeneous products, then the occurrence of a prisoners' dilemma becomes less likely. (C) 1999 Elsevier Science S.A. All rights reserved.
引用
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页码:291 / 294
页数:4
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