Cooperation in the Classroom: Experimenting with R&D Cooperatives

Michelle Sovinsky and Jeroen Hinloopen

No 06-081/1, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: This discussion paper resulted in the article Journal of Economic Education (2008), 39(4), 357-373.

This paper describes 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 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.

Keywords: classroom games; research and development; research joint ventures; technological spillovers (search for similar items in EconPapers)
JEL-codes: C91 L13 L41 (search for similar items in EconPapers)
Date: 2006-09-27
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Journal Article: Cooperation in the Classroom: Experimenting with R&D Cooperatives (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:tin:wpaper:20060081

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