Technology Sharing Cartels and Industrial Structure under a Rule of Thumb

Ahmad Naimzada and Emanuela Randon ()

No 71, Working Papers from University of Milano-Bicocca, Department of Economics

Abstract: We analyse the effect of learning by doing on firm performances when profit maximization follows a rule of thumb. Three regimes are compared: the technology sharing cartels, the oligopoly with spillovers, the proprietary regime. We show the dynamic implications on the industrial structure when firm production plan is revisited period by period.

Keywords: Oligopoly; Cartel; Industrial Structure; Learning; Dynamic Behaviour; Rule of Thumb (search for similar items in EconPapers)
JEL-codes: L10 L13 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2004-05, Revised 2004-05
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Persistent link: https://EconPapers.repec.org/RePEc:mib:wpaper:71

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