Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Strategic R and D success announcements
AU - Bag, Parimal Kanti
AU - Dasgupta, Sudipto
PY - 1995/1
Y1 - 1995/1
N2 - We consider a two-stage R&D racing game in which there are two types of uncertainty: uncertainty about firm type and basic uncertainty about the feasibility of the project itself. We show that R&D success in the initial stage will be announced if it occurs early enough in the race; otherwise it will be suppressed.
AB - We consider a two-stage R&D racing game in which there are two types of uncertainty: uncertainty about firm type and basic uncertainty about the feasibility of the project itself. We show that R&D success in the initial stage will be announced if it occurs early enough in the race; otherwise it will be suppressed.
KW - R&D
KW - Disclosure
KW - Racing
U2 - 10.1016/0165-1765(94)00522-4
DO - 10.1016/0165-1765(94)00522-4
M3 - Journal article
VL - 47
SP - 17
EP - 26
JO - Economics Letters
JF - Economics Letters
SN - 0165-1765
IS - 1
ER -