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Optimal pricing policy design for selling cost-reducing innovation in Cournot games
In a marketplace where a number of firms produce and sell a homogeneous product, an innovator develops cost-cutting manufacturing technology and decides to sell it to various firms in the form of a license for profit. Given the...
Optimal pricing policy design for selling cost-reducing innovation in Cournot games
In a marketplace where a number of firms produce and sell a homogeneous product, an innovator develops cost-cutting manufacturing technology and decides to sell it to various firms in the form of a license for profit. Given the...