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→Answer B2: Opportunistic sellers
Mowery, D.C. (2009), "Plus ca change: Industrial R&D in the Third Industrial Revolution", forthcoming, Industrial and Corporate Change.
Lamoreaux, N. and K. Sokoloff (2005), "Decline of the Independent Inventor: A Schumpeterian Story", NBER working paper *11654
Teece, D.J. (1986), "Profiting from technological innovation: Implications for integration, collaboration, licensing, and public policy," Research Policy.
Ziedonis, R.H. (2004), "Don't fence me in: Fragmented markets for technology and the patent acquisition strategies of firms", Management Science. pdf
==Answer A2: Competition, Innovation and Antitrust (Dal Bo)==
After consulting Ernesto about this answer the following corrections should be made:
*The battery life extension (from 4hr to 6hr) was supposed to be a vertical differentiation question. The application of a horizontal model would be wrong. There was ordering of quality.
*The Red/White problem should have assumed that the innovator made their phone red (i.e. did not keep white).
**It is not clear that given the option to keep white would be exercised even if there where economies to scope. The economies would have to be sufficiently large to overcome the problem of competiting with yourself!
*The horizontal model should have used Hotelling for prices and profits, and the Salop for entry - Salop exists to study entry in Hotelling models.
*The final part could also have been argued using a horizontal differentiation model
**Differences in quality (or seperation in distance) would lead to positive profits and prices above marginal cost.
**Differentiation may improve social welfare as in Dixit-Stiglitz where customers have a taste for variety.
**Anti-trust with a duopoly would require collusion of some sort.
===References===
#'''[[Salop (1979) - Monopolistic Competition With Outside Goods |Salop (1979)]]''', "Monopolistic competition with outside goods", Bell Journal of Economics 10, 141-156. [http://www.edegan.com/pdfs/Salop%20(1979)%20-%20Monopolistic%20competition%20with%20outside%20goods.pdf pdf]
#'''[[Shaked Sutton (1982) - Relaxing Price Competition Through Product Differentiation |Shaked, A. and J. Sutton (1982)]]''', "Relaxing price competition through product differentiation", Review of Economic Studies 49, 3-13. [http://www.edegan.com/pdfs/Shaked%20Sutton%20(1982)%20-%20Relaxing%20price%20competition%20through%20product%20differentiation.pdf pdf]
==Answer B2: Opportunistic sellers==
[http://www.edegan.com/repository/2009%20B2%20Steve%20Question%20Answer.pdf Suggested answer here]
[http://www.edegan.com/repository/BPP%20Field%20Exam%20Question%20B2.2008.pdf More.]
==Answer C1: Bargaining over Power==
[http://www.edegan.com/repository/2009%20C1%20BPP%20Exam%20Solution%20Suggestion.pdf Proposed solution here]
==Answer D: Soft Drink Organization (Spiller)==
