Welfare properties of strategic R&D investments in Hotelling models

C-Tier
Journal: Economics Letters
Year: 2012
Volume: 115
Issue: 3
Pages: 465-468

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In linear-city models, if firms are allowed (not allowed) to locate outside the linear city, they engage in excessive (insufficient) R&D investments from the normative viewpoint. This implies that the feasible set of locations drastically affects their investments.

Technical Details

RePEc Handle
repec:eee:ecolet:v:115:y:2012:i:3:p:465-468
Journal Field
General
Author Count
2
Added to Database
2026-01-25