Asymmetric Oligopoly and Technology Transfers
Asymmetric Oligopoly and Technology Transfers
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不对称寡头垄断和技术转让
DOI:
10.2307/2234782
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发表时间:
1993
期刊:
影响因子:
--
通讯作者:
A. ManfrediM
中科院分区:
文献类型:
--
作者:
La Manna;A. ManfrediM
Using a simple Cournot model, this paper shows that (1) if technologies are perfectly replicable, then a lower-cost firm has always an incentive to transfer its technology and, as a result, a fully asymmetric oligopoly can never be a noncooperative Nash equilibrium; (2) as a technology transfer between any two firms can always be disrupted by some other firm, the Cournot game cum technology transfer has no noncooperative Nash equilibria in pure strategies; and (3) there exi st nonlinear transfer payments that sustain the fully collusive outcome as an noncooperative Nash equilibrium even in a finitely repeated game. Copyright 1993 by Royal Economic Society.