Title of article
R&D inefficiency with bundling in systems markets
Author/Authors
Gwanghoon Lee، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2002
Pages
6
From page
25
To page
30
Abstract
With diminishing returns to R&D, bundling makes firms invest more in component products with higher production costs. As a result, bundling causes an inefficient allocation of R&D resources from the social standpoint.
Keywords
Inefficient allocation , R&D , Bundling , Systems market
Journal title
Economics Letters
Serial Year
2002
Journal title
Economics Letters
Record number
434897
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