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Practical Implications of Game Theoretic Models of R and D

Reinganum, Jennifer F. (1983) Practical Implications of Game Theoretic Models of R and D. Social Science Working Paper, 504. California Institute of Technology , Pasadena, CA. (Unpublished)

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The purpose of this paper is to survey recent game theoretic models of research and development, and to ask whether they yield practical implications or testable hypotheses. Although individual models have unambiguous implications, the array of existing models still generates considerable controversy. This heightens the interest in and need for empirical tests of these theories.

Item Type:Report or Paper (Working Paper)
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Additional Information:Division of Humanities and Social Science, California Institute of Technology, I wish to thank Therese Flaherty, Nancy Gallini, Avinash Dixit and Alan Schwartz for helpful comments and suggestions. The financial support of the National Science Foundation is gratefully acknowledged. Published as Reinganum, Jennifer F. "Practical implications of game theoretic models of R&D." The American Economic Review 74.2 (1984): 61-66.
Group:Social Science Working Papers
Funding AgencyGrant Number
Subject Keywords:Incumbents, Technological innovation, Game theory, Fixed costs, Modeling, Patents, Nash equilibrium, Business innovation, Investment rates, Microeconomic modeling
Series Name:Social Science Working Paper
Issue or Number:504
Record Number:CaltechAUTHORS:20170920-160742050
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Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:81655
Deposited By: Jacquelyn Bussone
Deposited On:20 Sep 2017 23:19
Last Modified:03 Oct 2019 18:45

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