Game Theoretic Approaches

John Beath, Yannis Katsoulacos and David Ulph

CRIEFF Discussion Papers from Centre for Research into Industry, Enterprise, Finance and the Firm

Abstract: This paper discusses the use of game-theoretic methods in the study of technical change. It focuses on the role of two key incentives: the profit incentive and the competitive threat. These forces, which are outlined in Section 1, feature prominently in the discussion of Sections 2 and 3 on explicit models of innovation. However, we seek to show how an understanding of these effects also helps in the analysis of licensing and diffusion. These topics are covered in Sections 4 and 5. Section 6 concludes.

JEL-codes: C72 C73 D44 D45 L13 O31 O32 O33 (search for similar items in EconPapers)
Date: 1994-10
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Persistent link: https://EconPapers.repec.org/RePEc:san:crieff:9401

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