Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers

Bondarev A, Greiner A (2018)
JOURNAL OF ECONOMIC DYNAMICS & CONTROL 91: 134-156.

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Zeitschriftenaufsatz | Veröffentlicht | Englisch
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Abstract / Bemerkung
In this paper we analyze the dynamics of an R&D differential game allowing for technological spillovers and sigmoid learning functions of multiproduct oligopolies. We demonstrate how the presence of learning together with spillovers may generate a rich set of outcomes, varying from constant leadership to catching-up and falling behind as well as from technology lock-in to a situation with a large number of high quality products. These types of outcomes are qualitatively different both from the single firm dynamics with learning and from the duopoly case with spillovers and without learning.(C) 2017 Elsevier B.V. All rights reserved.
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Zeitschriftentitel
JOURNAL OF ECONOMIC DYNAMICS & CONTROL
Band
91
Seite(n)
134-156
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Bondarev A, Greiner A. Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers. JOURNAL OF ECONOMIC DYNAMICS & CONTROL. 2018;91:134-156.
Bondarev, A., & Greiner, A. (2018). Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers. JOURNAL OF ECONOMIC DYNAMICS & CONTROL, 91, 134-156. doi:10.1016/j.jedc.2017.10.001
Bondarev, A., and Greiner, A. (2018). Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers. JOURNAL OF ECONOMIC DYNAMICS & CONTROL 91, 134-156.
Bondarev, A., & Greiner, A., 2018. Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers. JOURNAL OF ECONOMIC DYNAMICS & CONTROL, 91, p 134-156.
A. Bondarev and A. Greiner, “Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers”, JOURNAL OF ECONOMIC DYNAMICS & CONTROL, vol. 91, 2018, pp. 134-156.
Bondarev, A., Greiner, A.: Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers. JOURNAL OF ECONOMIC DYNAMICS & CONTROL. 91, 134-156 (2018).
Bondarev, Anton, and Greiner, Alfred. “Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers”. JOURNAL OF ECONOMIC DYNAMICS & CONTROL 91 (2018): 134-156.