Arbeitspapier

Does sequential decision-making trigger collective investment in automobile R&D? Experimental evidence

We conduct a framed laboratory experiment to gain in-depth insights on factors that drive collective research and development efforts among firms located along the automotive value chain. In particular, we employ a public goods experiment and analyze the influence of sequential decision-making on the willingness to engage in cooperation and on economic welfare. By using a linear value chain setting with three suppliers and one OEM, we analyze vertical R&D cooperation. Our results reveal that contributions increase in situations with sequential decision-making and that sequential decisions increase the overall welfare, even in case of unequally distributed R&D budgets.

ISBN
978-3-86788-913-1
Sprache
Englisch

Erschienen in
Series: Ruhr Economic Papers ; No. 785

Klassifikation
Wirtschaft
Design of Experiments: Laboratory, Group Behavior
Analysis of Collective Decision-Making: Other
Innovation and Invention: Processes and Incentives
Thema
public goods experiment
collective innovation
automobile industry
value chain
innovation barriers
sequential decision making

Ereignis
Geistige Schöpfung
(wer)
Buchmann, Tobias
Haering, Alexander
Kudic, Muhamed
Rothgang, Michael
Ereignis
Veröffentlichung
(wer)
RWI - Leibniz-Institut für Wirtschaftsforschung
(wo)
Essen
(wann)
2018

DOI
doi:10.4419/86788913
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Buchmann, Tobias
  • Haering, Alexander
  • Kudic, Muhamed
  • Rothgang, Michael
  • RWI - Leibniz-Institut für Wirtschaftsforschung

Entstanden

  • 2018

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