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Stochasticity favoring the effects of the R&D strategies of the firms

dc.contributor.authorPinto, Alberto A.
dc.contributor.authorOliveira, Bruno M. P. M.
dc.contributor.authorFerreira, Fernanda A.
dc.contributor.authorFerreira, Flávio
dc.date.accessioned2016-01-11T11:26:31Z
dc.date.available2016-01-11T11:26:31Z
dc.date.issued2009
dc.description.abstractWe present stochastic dynamics on the production costs of Cournot competitions, based on perfect Nash equilibria of nonlinear R&D investment strategies to reduce the production costs of the firms at every period of the game. We analyse the effects that the R&D investment strategies can have in the profits of the firms along the time. We observe that, in certain cases, the uncertainty can improve the effects of the R&D strategies in the profits of the firms due to the non-linearity of the profit functions and also of the R&D parameters.pt_PT
dc.description.sponsorshipWe thank the Programs POCTI and POSI by FCT and Ministério da Ciência, Tecnologia e do Ensino Superior, and Centro de Matemática da Universidade do Porto for their financial support. F.A. Ferreira and B. Oliveira gratefully acknowledge financial support from PRODEP III by FSE and EU. F.A. Ferreira and F. Ferreira also acknowledge financial support from ESEIG/IPP.
dc.identifier.doi10.1007/978-1-4020-8678-6_36pt_PT
dc.identifier.isbnhttp://link.springer.com/chapter/10.1007%2F978-1-4020-8678-6_36
dc.identifier.isbn978-1-4020-8678-6
dc.identifier.urihttp://hdl.handle.net/10400.22/7357
dc.language.isoengpt_PT
dc.publisherSpringer Netherlandspt_PT
dc.relation.publisherversionhttp://link.springer.com/chapter/10.1007%2F978-1-4020-8678-6_36pt_PT
dc.titleStochasticity favoring the effects of the R&D strategies of the firmspt_PT
dc.typebook part
dspace.entity.typePublication
oaire.citation.endPage423pt_PT
oaire.citation.startPage415pt_PT
oaire.citation.titleIntelligent Engineering Systems and Computational Cyberneticspt_PT
person.familyNameFerreira
person.familyNameFerreira
person.givenNameFernanda A.
person.givenNameFlávio
person.identifierR-000-4TV
person.identifier.ciencia-idD116-9419-5778
person.identifier.ciencia-id9F13-D3C6-244B
person.identifier.orcid0000-0002-1335-7821
person.identifier.orcid0000-0001-7812-0983
person.identifier.ridN-4563-2013
person.identifier.ridN-4562-2013
person.identifier.scopus-author-id24723992800
person.identifier.scopus-author-id22978799800
rcaap.rightsclosedAccesspt_PT
rcaap.typebookPartpt_PT
relation.isAuthorOfPublicationaaa18584-508e-46b1-9b50-4e174c0e142c
relation.isAuthorOfPublication6f67981a-3965-4ace-aec9-65938c4bcf66
relation.isAuthorOfPublication.latestForDiscovery6f67981a-3965-4ace-aec9-65938c4bcf66

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