Technological Diffusion, Expectations and Welfare
This paper investigates a simple intertemporal model to illustrate the effect of different forms of expectations formation by the buyers of technolog y on the extent and time path of the usage of a new technology. In addition, the related questions of the optimal rate oftake up of new technology, and the des ign of policies to achieve such a rate, are considered. Copyright 1986 by Royal Economic Society.
Volume (Year): 38 (1986)
Issue (Month): 2 (July)
|Contact details of provider:|| Postal: |
Fax: 01865 267 985
Web page: http://oep.oupjournals.org/
|Order Information:||Web: http://www.oup.co.uk/journals|
When requesting a correction, please mention this item's handle: RePEc:oup:oxecpp:v:38:y:1986:i:2:p:283-304. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.