Please use this identifier to cite or link to this item: https://hdl.handle.net/10216/90475
Author(s): Ferreira, M
Almeida, J P
Bruno M P M Oliveira
Alberto A. Pinto
Title: R&D dynamics with asymmetric efficiency
Issue Date: 2016
Abstract: We consider an R&D investment function in a Cournot duopoly competition model inspired in the logistic equation. We study the economical effects resulting from the firms having different R&D efficiencies. We present three cases: (1) both firms are efficient and have the same degree of efficiency; (2) both firms are less efficient and have the same degree of efficiency; (3) firms are asymmetric in terms of the efficiency of their R&D investment programs. We study the myopic dynamics on the production costs obtained from investing the Nash investment equilibria.
Subject: Ciências da Saúde, Ciências médicas e da saúde
Health sciences, Medical and Health sciences
Scientific areas: Ciências médicas e da saúde
Medical and Health sciences
URI: https://repositorio-aberto.up.pt/handle/10216/90475
Source: Springer Proceedings in Mathematics and Statistics
Document Type: Artigo em Livro de Atas de Conferência Internacional
Rights: restrictedAccess
Appears in Collections:FCNAUP - Artigo em Livro de Atas de Conferência Internacional
FCUP - Artigo em Livro de Atas de Conferência Internacional

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