On bilateral agreements: just a matter of matching


Autoria(s): Martínez Giralt, Xavier; Nicolini, Rosella
Contribuinte(s)

Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica

Institut d'Anàlisi Econòmica

Data(s)

09/05/2006

Resumo

This paper aims at assessing the importance of the initial technological endowments when firms decide to establish a technological agreement. We propose a Bertrand duopoly model where firms evaluate the advantages they can get from the agreement according to its length. Allowing them to exploit a learning process, we depict a strict connection between the starting point and the final result. Moreover, as far as learning is evaluated as an iterative process, the set of initial conditions that lead to successful ventures switches from a continuum of values to a Cantor set.

Formato

22

149310 bytes

application/pdf

Identificador

http://hdl.handle.net/2072/1901

Idioma(s)

eng

Relação

Working papers; 548.02

Direitos

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Palavras-Chave #Duopolis
Tipo

info:eu-repo/semantics/workingPaper