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Published in 2017 at "Managerial and Decision Economics"
DOI: 10.1002/mde.2848
Abstract: This paper uniquely examines an R&D rivalry under spatial price discrimination and compares two alternative timings. When firms invest first, they locate efficiently but overinvest in costāreducing R&D if spillover is modest. When firms locate…
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Keywords:
price discrimination;
investment spatial;
spatial price;