Firm Metrics with Continuous R&D, Quality Improvement, and Cournot Quantities

The paper considers a dynamic two-firm model of intra-industry trade in which the firms compete for the same market on the basis of product reliability. By assumption, the home firm always has the reliability cost advantage but it may or may not have the manufacturing cost advantage. The results sug...

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Veröffentlicht in:	International advances in economic research 2010-08, Vol.16 (3), p.243-256
Hauptverfasser:	Highfill, Jannett, McAsey, Michael
Format:	Artikel
Sprache:	eng
Schlagworte:	Competition Competitive advantage Cooperation Cost benefit analysis Costs Customers Economic Growth Economic models Economic theory Economics Economics and Finance Foreign investment International Economics Macroeconomics/Monetary Economics//Financial Economics Manufacturing Microeconomics Monte Carlo simulation Prices Product reliability Profit margins Quality Quality improvement R&D Research & development Research & development expenditures Studies
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