Dubey, Pradeep; Wu, Chien-wei When less competition induces more product innovation. (English) Zbl 0995.91031 Econ. Lett. 74, No. 3, 309-312 (2002). Summary: Consider firms which engage in Cournot competition over a common product, but can undertake innovation to improve the quality of their product. In this scenario it can often happen that innovation is discouraged by too much or too little competition, and occurs only when the industry is of intermediate size. Cited in 1 Document MSC: 91B38 Production theory, theory of the firm 91B26 Auctions, bargaining, bidding and selling, and other market models Keywords:firms; Cournot competition; innovation PDFBibTeX XMLCite \textit{P. Dubey} and \textit{C.-w. Wu}, Econ. Lett. 74, No. 3, 309--312 (2002; Zbl 0995.91031) Full Text: DOI References: [1] Burger, E., Introduction to the Theory of Games (1963), Prentice Hall: Prentice Hall Englewood Cliffs, NJ · Zbl 0112.12502 [2] Kuhn, H.W., 1953. Extensive games and problems of information. In: Kuhn, H.W., Tucker, A.W. (Eds.), Contributions to The Theory of Games. Annals of Mathematical Studies 28, 193-216.; Kuhn, H.W., 1953. Extensive games and problems of information. In: Kuhn, H.W., Tucker, A.W. (Eds.), Contributions to The Theory of Games. Annals of Mathematical Studies 28, 193-216. This reference list is based on information provided by the publisher or from digital mathematics libraries. Its items are heuristically matched to zbMATH identifiers and may contain data conversion errors. In some cases that data have been complemented/enhanced by data from zbMATH Open. This attempts to reflect the references listed in the original paper as accurately as possible without claiming completeness or a perfect matching.