Strategic R and D success announcements

Bag, Parimal Kanti and Dasgupta, Sudipto (1995) Strategic R and D success announcements. Economics Letters, 47 (1). pp. 17-26. ISSN 0165-1765

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Abstract

We consider a two-stage R&D racing game in which there are two types of uncertainty: uncertainty about firm type and basic uncertainty about the feasibility of the project itself. We show that R&D success in the initial stage will be announced if it occurs early enough in the race; otherwise it will be suppressed.

Item Type:
Journal Article
Journal or Publication Title:
Economics Letters
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/2000/2002
Subjects:
ID Code:
74570
Deposited By:
Deposited On:
07 Jul 2015 12:42
Refereed?:
Yes
Published?:
Published
Last Modified:
01 Jan 2020 09:17