Arbeitspapier
Dynamic Duopoly with Vertical Differentiation
I analyse a differential game where firms, through capital accumulation over time, supply vertically differentiated goods. This proves that several results obtained by the static approach are not robust. I show that (i) the sustainability of the duopoly regime is conditional upon the level of firms' R&D investments; (ii) there are quality ranges where the low quality firm invests more than the high quality firm; (ii) there are quality ranges where the low quality firm's profits are larger than the high quality firm's.
- Language
-
Englisch
- Bibliographic citation
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Series: Quaderni - Working Paper DSE ; No. 396
- Classification
-
Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Lambertini, Luca
- Event
-
Veröffentlichung
- (who)
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Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
- (where)
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Bologna
- (when)
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2001
- DOI
-
doi:10.6092/unibo/amsacta/4905
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Lambertini, Luca
- Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
Time of origin
- 2001
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