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Multi-Decision Players in R&D Investment Games

  • Mouna Ben BrahimEmail author
Chapter
Part of the Multiple Criteria Decision Making book series (MCDM)

Abstract

We focus on research and development investment decision in market with multi players and focus the influence of free riding on investment behavior. We consider a dynamic triopoly with two innovating firms investing in R&D, however, the third is a free rider. Innovating firms optimize both investment and outputs levels, while, free rider only determines its optimal output. Our purpose is to establish the investment level in both cooperative and non cooperative cases then compare. Our main result is that, despite of the presence of a free rider, cooperation always increases investment level. Moreover, free rider’ presence is not decreasing investment in dynamic settings as in earlier static results.

Keywords

Dynamic games Multi-decision makers R&D investment 

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Copyright information

© Springer International Publishing AG 2018

Authors and Affiliations

  1. 1.Ecole Superieure de Commerce de Tunis, Logistics and Innovation Technology Research Center, Institut des Hautes EtudesParisFrance
  2. 2.Ecole Superieure de Commerce de Tunis, Tunisia Logistics and Innovation Technology Research Center, Institut des Hautes EtudesParisFrance

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