Dynamic analysis of R&D in an oligopoly under general demand and cost functions
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DOI: 10.1007/s12597-021-00556-y
Abstract: This paper presents an analysis of cost reducing R&D investment in a dynamic oligopoly under general demand and cost functions by differential game approach. The steady state value of the R&D investment by each firm… read more here.
Keywords: investment; demand cost; general demand; cost functions ... See more keywords