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
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978-3-86788-913-1
- Sprache
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Englisch
- Erschienen in
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Series: Ruhr Economic Papers ; No. 785
- Klassifikation
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Wirtschaft
Design of Experiments: Laboratory, Group Behavior
Analysis of Collective Decision-Making: Other
Innovation and Invention: Processes and Incentives
- Thema
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public goods experiment
collective innovation
automobile industry
value chain
innovation barriers
sequential decision making
- Ereignis
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Geistige Schöpfung
- (wer)
-
Buchmann, Tobias
Haering, Alexander
Kudic, Muhamed
Rothgang, Michael
- Ereignis
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Veröffentlichung
- (wer)
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RWI - Leibniz-Institut für Wirtschaftsforschung
- (wo)
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Essen
- (wann)
-
2018
- DOI
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doi:10.4419/86788913
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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