Showing 1 - 10 of 1,374
We introduce a model of product development in a firm. Our model describes the process as a multi-stage contest (i.e., race) with an endogenous length (with one stage or two stages) between two workers. We model the payments to workers from the new product using the normatively appealing Nash...
Persistent link: https://www.econbiz.de/10012165947
This paper studies patenting decisions by firms in relation to the negotiation and signing of the Helsinki and Oslo protocol as part of the Convention on Long-Range Transboundary Air Pollution. We use a uniquely constructed patent data set on SO2 abatement technologies filed in 15 signatory and...
Persistent link: https://www.econbiz.de/10011378341
appropriate information provision enhances efficiency. We discuss extensions of the model and argue that subsidies may be a … property of a signalling equilibrium to overcome credibility problems in information provision. In addition we point out … possible problems with overreaction to public information. Furthermore, we suggest a new focus for development policy. …
Persistent link: https://www.econbiz.de/10010371074
We consider a simple dynamic model of environmental taxation that exhibits time inconsistency. There are two categories of firms, Believers, who take the tax announcements made by the Regulator to face value, and Non-Believers, who perfectly anticipate the Regulator's decisions, albeit at a...
Persistent link: https://www.econbiz.de/10014068677
; oligopoly ; product differentiation ; entry ; asymmetric information ; strategic disclosure ; stochastic patent ; trade secret …
Persistent link: https://www.econbiz.de/10003862322
. Innovators have private information about their abilities, and choose unobservable effort in order to produce innovations of … innovations in symmetric pure-strategy equilibrium, regardless of whether the innovators' private information is revealed or not …
Persistent link: https://www.econbiz.de/10014197603
representation–performance link. Overall, this paper proposes that studying strategic representations is paramount since the success …This paper delves into the effects that strategic representations have on firm performance. It does so in four ways … pervasiveness in strategy. Second, it presents a framework to study the effects of these representations on firm performance and …
Persistent link: https://www.econbiz.de/10012907516
classes) and in the lab (e.g., testing how varying disclosure affects performance in implementing software patents). But many …
Persistent link: https://www.econbiz.de/10014155564
The paper analyzes how spillovers in the product market affect the incentives of firms to reveal information about … spillovers firms fully disclose, but for intermediate spillovers firms either partially disclose or conceal all information …
Persistent link: https://www.econbiz.de/10014072686
Persistent link: https://www.econbiz.de/10011339388