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University of Essex Department of Economics

Overview
Works: 33 works in 33 publications in 1 language and 33 library holdings
Publication Timeline
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Publications about University of Essex
Publications by University of Essex
Most widely held works by University of Essex
Cost inefficiency in the English and Welsh water industry : an heteroskedastic stochastic cost frontier approach ( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
Monetary union and the interest-exchange rate trade-off ( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
Minimum wages, employment and monopsonistic competition ( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
Extended linear-homothetic preferences and the Cournot-Bertrand profit differential ( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
Should we write prenuptial contracts? ( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
Computability and evolutionary complexity : markets as complex adaptive systems (CAS) ( Computer File )
1 edition published in 2004 in English and held by 1 library worldwide
When and how much does a peg increase trade? : The role of trade costs and import demand elasticity under monetary uncertainty ( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
Agenda-setting power in organizations with overlapping generations of players ( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
Exact local whittle estimation of fractionally cointegrated systems ( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
The relationship between intellectual property law and competition law : an economic approach ( Computer File )
1 edition published in 2004 in English and held by 1 library worldwide
Relative performance evaluation and limited liability ( Computer File )
1 edition published in 2002 in English and held by 1 library worldwide
Learning in networks : a survey ( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
A note on corruptionn and public investment : the political instability threshold ( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
Are more importants patents approved more slowly and should they be? ( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
How basic is (patented) university research? : The case of GM crops ( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
Administrative delays as barriers to trade ( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
Rational adversaries? : Evidence from randomized trials in the game of cricket ( Computer File )
1 edition published in 2004 in English and held by 1 library worldwide
Gaussian semiparametric estimation of multivariate fractionally integrated processes ( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
Power and inefficient institutions ( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
Hybrid R&D by Sanjeev Goyal( Computer File )
1 edition published in 2003 in English and held by 1 library worldwide
We develop a model of R&D competition and collaboration in which individual firms carry out independent in-house research and also undertake joint research projects with other firms. We examine the impact of collaboration on in-house research and explore the circumstances under which a hybrid organization of R&D which combines the two is optimal for firms and society. We find that investments in independent research and in joint research are complementary: an increase in the number of joint projects also increases in-house research. Firm profits are highest under a hybrid organization if the number of firms is small (less than 5) while they are highest with pure in-house research if the number of firms is large (5 or more). However, social welfare is maximized under a hybrid organization of R&D in all cases. Our analysis also yields new results on the role of cooperative R&D. We find that non-cooperative decision making by firms leads to larger R&D investments and higher social welfare than fully cooperative decision making. However, a hybrid form of decision making where there is bilateral cooperation in joint projects and non-cooperative decision making in in-house research yields the highest level of welfare in concentrated industries
 
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English (20)
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