haku: @author Gotz, G. / yhteensä: 2
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| Tekijä: | Gotz, G. |
| Otsikko: | Monopolistic competition and the diffusion of new technology |
| Lehti: | RAND Journal of Economics
1999 : WINTER, VOL. 30:4, p. 679-693 |
| Asiasana: | MONOPOLY COMPETITION DIFFUSION |
| Kieli: | eng |
| Tiivistelmä: | This article analyzes the adoption and diffusion of new technology in a market for a differentiated product with monopolistic competition. The author shows that in a noncooperative equilibrium ex ante identical firms adopt a new technology at different dates. This equilibrium can be described by a simple distribution function. For nonidentical firms, the author states the conditions under which a positive relationship between firm size and speed of adoption exists. |
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