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Welfare aspects of technological adoption with learning

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  • Magnac, T.
  • Verdier, T.

Abstract

Cet article traite des implications en terme de bien-être de l'adoption d'une nouvelle technologie dans le cas où celle-ci est caractérisée par des coûts d'adaptation et des effets d'"apprentissage localisé". Un modèle à deux périodes est construit pour représenter le "jeu d'adoption" entre firmes dans un cadre duopolistique. Les règles socialement optimales d'adoption sont comparées avec les règles privées qui se forment en tant qu'équilibres du jeu. Il est montré que les différences entre les deux types sont dues d'abord à la forme de la fonction de demande du produit vendu sur le marché duopolistique et en second lieu aux effets d'interaction stratégique entre les entreprises adoptantes.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Magnac, T. & Verdier, T., 1993. "Welfare aspects of technological adoption with learning," Journal of Public Economics, Elsevier, vol. 52(1), pages 31-48, August.
    • Handle: RePEc:eee:pubeco:v:52:y:1993:i:1:p:31-48
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    Cited by:

    1. Blanca MARTINEZ, 2002. "Adoption Costs, Age of Capital and Technological Substitution," LIDAM Discussion Papers IRES 2002024, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    2. Arghya Ghosh & Munirul Nabin Haque, 2006. "Sequential technology adoption with asymmetric firms," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 15(2), pages 157-172.

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