Cooperation in the Classroom: Experimenting with Research Joint Ventures

Posted: 13 May 2005 Last revised: 14 Oct 2017

See all articles by Michelle Sovinsky Goeree

Michelle Sovinsky Goeree

University of Southern California - Department of Economics

Jeroen Hinloopen

CPB Netherlands Bureau of Economic Policy Analysis; University of Amsterdam - Amsterdam School of Economics (ASE); Tinbergen Institute

Date Written: December 1, 2004

Abstract

This paper describes a classroom exercise that illustrates the investment incentives facing firms when technological spillovers are present. The game involves two stages in which student "sellers" first make investment decisions then production decisions. The classroom game can be used to motivate discussions of research joint ventures, the free-rider problem, collusion, and antitrust policy regarding research and development.

Keywords: Classroom games, research and development, research joint ventures, technological spillovers

Suggested Citation

Goeree, Michelle Sovinsky and Hinloopen, Jeroen, Cooperation in the Classroom: Experimenting with Research Joint Ventures (December 1, 2004). Claremont Colleges Economics Departments Working Paper No. 2004-08. Available at SSRN: https://ssrn.com/abstract=722808

Michelle Sovinsky Goeree (Contact Author)

University of Southern California - Department of Economics ( email )

3620 South Vermont Ave. Kaprielian (KAP) Hall, 300
Los Angeles, CA 90089
United States

HOME PAGE: http://www-rcf.usc.edu/~goeree/

Jeroen Hinloopen

CPB Netherlands Bureau of Economic Policy Analysis ( email )

P.O. Box 80510
2508 GM The Hague, 2585 JR
Netherlands

University of Amsterdam - Amsterdam School of Economics (ASE) ( email )

Roetersstraat 11
Amsterdam, North Holland 1018 WB
Netherlands

Tinbergen Institute ( email )

Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands

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