R&D Investment on Alternative Fuel Vehicles: Insights from a Two-Stage Game Theoretic Model

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The R&D on alternative fuel vehicles has gained increasing attention by companies. In this study we develop a two-stage game theoretic model to explore the cooperative and noncooperative R&D activities in alternative fuel vehicles with spillovers. The results provide practical insights into actions that could be considered by regulators and organizations to encourage environmental investments.

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105-109

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June 2012

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© 2012 Trans Tech Publications Ltd. All Rights Reserved

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