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| Author: | Åsterbro, T. |
| Title: | Sunk costs and the depth and probabilty of technology adoption |
| Journal: | Journal of Industrial Economics
2004 : SEP, VOL. 52:3, p. 381-400 |
| Index terms: | Industrial economics Sunk costs Technology |
| Language: | eng |
| Abstract: | In this article, the writer argues that sunk costs of learning and the output over which these costs are spread determine the probability and depth of technology adoption. |
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