๐”– Bobbio Scriptorium
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Optimising R and D expenditure in the development of resource substitutes

โœ Scribed by Partha Dasgupta; Geoffrey Heal; Anand Pant

Publisher
Elsevier Science
Year
1980
Tongue
English
Weight
952 KB
Volume
4
Category
Article
ISSN
0307-904X

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๐Ÿ“œ SIMILAR VOLUMES

The relationship between R&D effort rate
The relationship between R&D effort rate and the pricing of an exhaustible resource
โœ Vijay S. Desai ๐Ÿ“‚ Article ๐Ÿ“… 1997 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 939 KB

We attempt a study of the optimal pricing strategy of a cartel selling an exhaustible resource and the optimal R&D effort rate of potential entrants trying to find a substitute for the resource. If entry occurs, the entrant can expand by investing in capacity. The model is formulated as a differenti