A cost-reducing innovation is available to Cournot duopolists through licensing. The firms are ex ante heterogeneous and adoption of the innovation impacts them differently. Is it possible for the ...

We compare simultaneous versus sequential moves in R&D decisions within an asymmetric R&D/Cournot model with linear demand (for differentiated products), general R&D costs, and spillovers.

Choi Kangsik (Graduate School of International Studies, Pusan National University) describes Cournot and Bertrand competition with asymmetric costs in a mixed duopoly revisited. ABSTRACT: We ...