Browsing by Subject "D43"

Now showing items 1-3 of 3

Auctioning horizontally differentiated items

Parlane, Sarah (University College Dublin. School Of Economics, 2005-12-08)

This paper analyses strategic market allocation by two auctioneers holding substitutes. It characterizes both the cooperative and competitive outcomes. Under cooperation or competition with close substitutes, bidders are ...
Public policy towards R&D in oligopolistic industries

Leahy, Dermot ; Neary, J. Peter (University College Dublin. School of Economics, 1995-08)

This paper examines the free-market and socially-optimal outcomes in a dynamic oligopoly model with R&D spillovers. First-best optimal subsidies to R&D are higher when firms play strategically against each other, but lower ...
Symmetric research joint ventures : cooperative substitutes and complements

Leahy, Dermot ; Neary, J. Peter (University College Dublin. School of Economics, 2004-05)

We introduce the concept of cooperative substitutes and complements, and use it to throw light on the conditions for a research joint venture to choose equal levels of R&D by all member firms. We show that the second-order ...