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Browsing Vol. 6, No. 4 (2011) by Subject "Excessive entry"

Browsing Vol. 6, No. 4 (2011) by Subject "Excessive entry"

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  • Mukherjee, Arijit; Wang, Leonard F.S. (Universidad Alberto Hurtado. Facultad de Economía y Negocios; 2011)
    In a R&D tournament setting with free entry and knowledge spillover, we show that the society would suffer from excessive entry and the patent holder would endure lower profits than non-patent holders because it bears the ...


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