Complementariedades y compromiso en un modelo de Cournot
When oligopolistic firms compete by investing simultaneously in cost-reducing R&D and in demand-creating advertising expenditures, their strategic commitment in such assets may differ qualitatively from the behavior pursued when only one of them is used. In particular, if R&D (and ad...
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| Formato: | Online |
| Idioma: | inglés |
| Editor: |
El Colegio de México, A.C.
2002
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| Materias: | |
| Acceso en línea: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/201 |
| Revista: |
Estudios Económicos |
| authentication_code | dc |
|---|---|
| _version_ | 1853489728370769920 |
| author | Antelo, Manel |
| author_facet | Antelo, Manel |
| author_sort | Antelo, Manel |
| category_str_mv |
"Bolivia", "hyperinflation", "economic crisis", "Bolivia", "hiperinflación", "crisis económica"
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| collection | OJS |
| description | When oligopolistic firms compete by investing simultaneously in cost-reducing R&D and in demand-creating advertising expenditures, their strategic commitment in such assets may differ qualitatively from the behavior pursued when only one of them is used. In particular, if R&D (and advertising) investment is decided on and made public before selecting the output, then cases of under commitment in cost reduction can arise despite the non-existence of technological spillovers; and others in which there is no room for a differentiated strategic use of R&D. Furthermore, when advertising is included among the investment variables of firms, their R&D expenses may equal or even exceed the socially optimal level. |
| format | Online |
| id | oai:oai.estudioseconomicos.colmex.mx:article-201 |
| index_str_mv | CONAHCYT LATINDEX PKP Index DORA Redalyc Scielo México Handbook of Latin American Studies (HLAS) JSTOR Dialnet HAPI Ulrich’s International Periodicals Directory Google Scholar IBSS Gale OneFile: Informe Académico Global Issues in Context InfoTracCustom Cengage Learning EconLit Índice bibliográfico Publindex RePEc The Journal of Economic Literature |
| journal | Estudios Económicos |
| language | eng |
| publishDate | 2002 |
| publisher | El Colegio de México, A.C. |
| record_format | ojs |
| Terms_governing_use_and_reproduction_note | Copyright (c) 2018 Estudios Económicos |
| data_source_entry/ISSN | Estudios Económicos de El Colegio de México; 33-vol. 17, no. 1, january-june, 2002; 3-36 Estudios Económicos de El Colegio de México; 33-vol. 17, núm. 1, enero-junio, 2002; 3-36 0186-7202 0188-6916 |
| spelling | oai:oai.estudioseconomicos.colmex.mx:article-2012025-12-05T15:12:56Z Conplementarities and commitment in a Cournot setting Complementariedades y compromiso en un modelo de Cournot Antelo, Manel R&D cost reduction C72 D21 L13 I D reducción de costos C72 D21 L13 When oligopolistic firms compete by investing simultaneously in cost-reducing R&D and in demand-creating advertising expenditures, their strategic commitment in such assets may differ qualitatively from the behavior pursued when only one of them is used. In particular, if R&D (and advertising) investment is decided on and made public before selecting the output, then cases of under commitment in cost reduction can arise despite the non-existence of technological spillovers; and others in which there is no room for a differentiated strategic use of R&D. Furthermore, when advertising is included among the investment variables of firms, their R&D expenses may equal or even exceed the socially optimal level. Cuando las empresas oligopólicas compiten invirtiendo tanto en I+D para reducir costos, como en publicidad creadora de demanda, su compromiso estratégico en dichas inversiones puede diferir notablemente del que tendrían si sólo utilizaran alguna de ellas. En particular, si el gasto en I+D (y en publicidad) se compromete con anterioridad a la elección del nivel de producción, pueden surgir casos de infra inversión en reducción de costos, y otros en los que no existe utilización estratégica diferenciada del I+D. Además, cuando la publicidad es una variable de inversión más de las empresas, el gasto en I+D que realizan puede igualar o superar el nivel socialmente óptimo. El Colegio de México, A.C. 2002-01-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/201 10.24201/ee.v17i1.201 Estudios Económicos de El Colegio de México; 33-vol. 17, no. 1, january-june, 2002; 3-36 Estudios Económicos de El Colegio de México; 33-vol. 17, núm. 1, enero-junio, 2002; 3-36 0186-7202 0188-6916 eng https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/201/203 Copyright (c) 2018 Estudios Económicos |
| spellingShingle | R&D cost reduction C72 D21 L13 I D reducción de costos C72 D21 L13 Antelo, Manel Complementariedades y compromiso en un modelo de Cournot |
| title | Complementariedades y compromiso en un modelo de Cournot |
| title_alt | Conplementarities and commitment in a Cournot setting |
| title_full | Complementariedades y compromiso en un modelo de Cournot |
| title_fullStr | Complementariedades y compromiso en un modelo de Cournot |
| title_full_unstemmed | Complementariedades y compromiso en un modelo de Cournot |
| title_short | Complementariedades y compromiso en un modelo de Cournot |
| title_sort | complementariedades y compromiso en un modelo de cournot |
| topic | R&D cost reduction C72 D21 L13 I D reducción de costos C72 D21 L13 |
| topic_facet | R&D cost reduction C72 D21 L13 I D reducción de costos C72 D21 L13 |
| url | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/201 |
| work_keys_str_mv | AT antelomanel conplementaritiesandcommitmentinacournotsetting AT antelomanel complementariedadesycompromisoenunmodelodecournot |