Incentive contracts under product market competition and R\&D spillovers

DOI10.1007/S00199-014-0811-5MaRDI QIDQ2256983zbMATH OpenOpenAlexFDO

Authors Evangelia Chalioti

Publication date 23 February 2015

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00199-014-0811-5

zbMATH Keywords

Cournot competitionmoral hazardprocess innovationR\&D spilloversrelative performance

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Production theory, theory of the firm (91B38)

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Cites work

• A theory of firm scope
• Aggregation and Linearity in the Provision of Intertemporal Incentives
• Endogenous matching in a market with heterogeneous principals and agents
• Incentives to Help in Multi-Agent Situations
• Managerial Incentives and Product Market Competition
• On relative and partial risk attitudes: theory and implications
• On the dynamic efficiency of Bertrand and Cournot equilibria
• Outsourcing of innovation
• Risk sharing vs. incentives: contract design under two-sided heterogeneity
• Sequencing R\&D decisions in a two-period duopoly with spillovers
• Strategies in the principal-agent model

Cited in

(6)

• Moral hazard in innovation: the relationship between risk aversion and performance pay
• The impacts of private risk aversion magnitude and moral hazard in R\&D project under uncertain environment
• Price competition or price leadership
• Endogenous heterogeneity in duopoly with deterministic one-way spillovers
• Informal incentive labour contracts and product market competition
• R\&D incentives and market structure: dynamic analysis

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