Cost-Reducing Alliances and Local Spillovers

No 2005.10, Working Papers from Fondazione Eni Enrico Mattei

Abstract: Firms raise cost-reducing alliances before competing with each other, but cannot fully internalize the shared knowledge. When spillovers are local and transit through the network of alliances, stable architectures with a moderate level of asymmetry are identified.

Keywords: Oligopoly; Cost-Reducing alliances; Local spillovers; Network stability (search for similar items in EconPapers)
JEL-codes: C70 L13 L20 (search for similar items in EconPapers)
Date: 2005-01
New Economics Papers: this item is included in nep-bec and nep-net
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