Disruption costs and the choice of technology
We study technology adoption in a dynamic model of price competition. Adoption involves disruption costs and learning by doing. Because of disruption costs, the adopting firm begins in a market disadvantage, which may persist if its rival captures the buyers it needs to learn the technology. The...
| Autores principales: | , |
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| Formato: | Artículo (Article) |
| Idioma: | Desconocido (Unknown) |
| Publicado: |
Universidad Alberto Hurtado. Facultad de Economía y Negocios
2015
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| Acceso en línea: | http://repositorio.uahurtado.cl/handle/11242/6644 |