Product and Process R&D under Asymmetric Demands

被引:0
|
作者
Wang, Yi-Jie [1 ]
Wang, Kuang-Cheng Andy [2 ,3 ]
Liang, Wen-Jung [4 ]
Lee, Bo-Yi [5 ]
机构
[1] Ming Chuan Univ, Dept Int Business, 250,Sec 5,Zhong Shan N Rd, Taipei 111, Taiwan
[2] Chang Gung Univ, Dept Ind & Business Management, 259 Wenhua 1st Rd, Taoyuan 33302, Taiwan
[3] Linkou Chang Gung Mem Hosp, Dept Neurol, 259 Wenhua 1st Rd, Taoyuan 33302, Taiwan
[4] Natl Dong Hwa Univ, Dept Econ, 1,Sec 2,Da Hsueh Rd, Hualien 9740, Taiwan
[5] Natl Dong Hwa Univ, Dept Econ, 1,Sec 2,Da Hsueh Rd, Hualien 97401, Taiwan
关键词
product R&D; process R&D; two-market model; Bertrand competition; Cournot competition; SPATIAL PRICE-DISCRIMINATION; TRADE LIBERALIZATION; DIFFERENTIATION; COMPETITION; COURNOT; INNOVATION; BERTRAND;
D O I
10.1628/jite-2018-0015
中图分类号
F [经济];
学科分类号
02 ;
摘要
We develop a two-market model with asymmetric demands to examine the optimal product and process R&D under Bertrand and Cournot competition. We show that when the big market is sufficiently large and the cost parameter of product R&D is small or when the market is symmetric and the marginal disutility rate is high, the Cournot aggregate product R&D is greater than that under Bertrand competition. Next, when the big market is not sufficiently large and the cost parameter of product R&D is small, the Bertrand aggregate process R&D is greater than that under Cournot competition if the marginal disutility rate is low.
引用
收藏
页码:537 / 557
页数:21
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