𝔖 Bobbio Scriptorium
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Dynamic duopoly with congestion effects

✍ Scribed by Didier Laussel; Maxime de Montmarin; Ngo Van Long


Book ID
116556688
Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
191 KB
Volume
22
Category
Article
ISSN
0167-7187

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## SUMMARY I investigate a spatial duopoly model with linear transportation costs as a differential game where product differentiation is the result of firms' R&D investments. Two related results obtain, i.e. (i) the steady‐state R&D investment (product differentiation) is negatively (positively) r