Green Innovation and Competition: R&D Incentives in a Circular Economy

Green Innovation and Competition: R&D Incentives in a Circular Economy

The present paper provides theoretical insights regarding the determinants of firms’ incentives to invest in a Circular Economy. The analysis relies on a Cournot model disaggregating the disposal cost in the production function. In a non-simultaneous sequential game, two risk-neutral firms are endow...

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Bibliographic Details
Main Authors:	Giovanna Bimonte, Maria Grazia Romano, Maria Russolillo
Format:	Article
Language:	English
Published:	MDPI AG 2021-09-01
Series:	Games
Subjects:	circular economy cournot oligopoly R&D investment spillovers green innovation
Online Access:	https://www.mdpi.com/2073-4336/12/3/68

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