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Cooperative and Non-Cooperative R&D Policy in an Economic Union

January 01, 2004

The authors construct a simple model with horizontally differentiated consumer goods, where each firm may invest in quality-improving research and development (R&D) to address issues of cooperative and non-cooperative R&D policy.

Available for purchase at: http://www.cepr.org/pubs/new-dps/dplist.asp?dpno=4185