研討日期

201467日上午10:20 ~ 13:00

研討地點

台大社會科學院26教室

題目

Comparing Bertrand and Cournot Competition with New Product Licensing

作者

Ray-Yun Chang, Hong Hwang and Cheng-Hau Peng

文獻出處

Working paper

報告人

周冰瑤

參加人員

黃鴻、彭正浩、高國峯、陳金盛、許至乙、曹古駒、周冰瑤、宋育芳、吳尚弈、呂雅媛、丁虹仁、王羿傑、施姵全

論文提要

This paper compares firms’ profits and social welfare levels under differentiated Bertrand and Cournot competition in the presence of new product licensing. If an incumbent can license its product innovation to a potential entrant, it is found that Bertrand competition is definitely more profitable but less socially desirable than Cournot competition, due to its higher royalty rate.

 

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