Cooperation in the Classroom: Experimenting with R&D Cooperatives
Michelle S. Goeree and
Jeroen Hinloopen
Authors registered in the RePEc Author Service: Michelle Sovinsky
The Journal of Economic Education, 2008, vol. 39, issue 4, 357-373
Abstract:
The authors describe a classroom experiment that illustrates the research and development investment incentives facing firms when technological spillovers are present. The game involves two stages in which student "sellers" first make investment decisions and then production decisions. The classroom game can be used to motivate discussions of research joint ventures, the free-rider problem, collusion, and antitrust policy regarding research and development.
Date: 2008
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Working Paper: Cooperation in the Classroom: Experimenting with R&D Cooperatives (2006) 
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jeduce:v:39:y:2008:i:4:p:357-373
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DOI: 10.3200/JECE.39.4.357-373
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