Follow-my-leader FDI and tacit collusion

Article Abstract:

Research indicates that business competitors might want to set up foreign production in the same country due to the replication of foreign direct investment facilitating collusive behavior in that market. In sum, this behavior could foster a positive interdependence.

Collusion, Foreign direct investment

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Obtaining R&D joint venture co-operation under prisoners' dilemma incentives: logic and experiment

Article Abstract:

A study examining the factors resulting in cooperation and defection in a research and development joint venture is presented. In this context, cooperation and defection incentives, as predicted in the game theory "prisoners' dilemma" by Axelrod, are examined.

Nevada, Usage, Prisoner's dilemma game

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Symmetric research joint ventures: cooperative substitutes and complements

Article Abstract:

A study analyzing two concepts, cooperative substitutes and complements in a context, where all firms in a research joint venture will choose equal levels of research and development, is presented.

United Kingdom

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