The timing of adoption of cleaner technologies: Private costs and public incentives

Arbeitspapier

Spontaneous adoption of cleaner technologies can be slowed down by various sources of inertia. Investment irreversibility, uncertainty about the actual private benefits, and the expectation of declining adoption costs due to the diffusion of environmental innovation, may involve a timing of technological migration incompatible with avoidance of excessive pollutant accumulation. In this paper we examine the implications of the sources of inertia on the design of public incentives aimed at accelerating abandonment of polluting technologies when the policy-maker faces incomplete information about the private switching costs.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Nota di Lavoro ; No. 49. 2000

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Renewable Resources and Conservation: Government Policy ; Technological Change: Government Policy
• Thema: Environmental policy ; technological change ; irreversibility ; network externalities ; public incentives ; Umweltpolitik ; Anreizregulierung ; Umwelttechnik ; Umweltmanagement ; Theorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Dosi, Cesare ; Moretto, Michele
• Ereignis: Veröffentlichung
• (wer): Fondazione Eni Enrico Mattei (FEEM)
• (wo): Milano
• (wann): 2000

Weitere Informationen

• Handle: http://hdl.handle.net/10419/155103
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ