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Agricultural cooperatives and quality-enhancing R&D in the agri-food system AgEcon
Drivas, Kyriakos; Giannakas, Konstantinos.
This paper develops a game - theoretic model of heterogeneous consumers to analyze the effect of cooperative involvement on quality- enhancing product innovation activity, the pricing of food products, and the welfare of the groups involved in the context of a mixed duopoly where an openmembership consumer co- op competes with an IOF. Analytical results show that the involvement of the member welfare- maximizing co- op in R&D can be quality and welfare enhancing by increasing the arrival rate of product innovations and reducing the prices of food products. The effectiveness of the co- op is shown to depend on the nature of product differentiation and the relative quality of its products, the degree of consumer heterogeneity, and the size of innovation...
Tipo: Conference Paper or Presentation Palavras-chave: Open Membership Cooperatives; Product Innovation; Mixed Oligopoly; Retained Earnings.; Agribusiness; Research and Development/Tech Change/Emerging Technologies.
Ano: 2006 URL: http://purl.umn.edu/10075
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R&D Collaboration Networks in Mixed Oligopoly AgEcon
Zikos, Vasileios.
We develop a model of endogenous network formation in order to examine the incentives for R&D collaboration in a mixed oligopoly. Our analysis reveals that the complete network, where each firm collaborates with all others, is uniquely stable, industry-profit maximizing and efficient. This result is in contrast with earlier contributions in private oligopoly where under strong market rivalry a conflict between stable and efficient networks is likely to occur. A key finding of the paper is that state-owned enterprises may be used as policy instruments in tackling the potential conflict between individual and collective incentives for R&D collaboration.
Tipo: Working or Discussion Paper Palavras-chave: Networks; R&D Collaboration; Mixed Oligopoly; Research and Development/Tech Change/Emerging Technologies; C70; L13; L20; L31; L32; O31; D85.
Ano: 2008 URL: http://purl.umn.edu/6228
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