R&d dynamics

J. Becker; M. Ferreira; B.M.P.M. Oliveira; A.A. Pinto

doi:10.3934/proc.2013.2013.61

Article Contents

2013, Volume 2013: 61-68. Doi: 10.3934/proc.2013.2013.61 open access

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R&d dynamics

1.
FCUP, University of Porto
2.
LIAAD-INESC TEC Porto LA

Received: August 31, 2012

Published: October 2013

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Abstract

We study a Cournot duopoly model using Ferreira-Oliveira-Pinto's R&D investment function. We find the multiple perfect Nash equilibria and we analyse the economical relevant quantities like output levels, prices, consumer surplus, profits and welfare.

Keywords:

Nash $R\&D$ investment strategies,
duopoly model.

Mathematics Subject Classification: 91A10, 91A40.

Citation:

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References

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