Arbeitspapier
Discontinuous Adoption Paths With Dynamic Scale Economies
This paper examines the equilibrium adoption patch for two innovations when there are "network externalities". We show that the existence of significant increasing returns in system-scale can give the result that one variant will drive out the other one and so emerges as the unique standard for the industry. Moreover, if "network externalities" are sufficiently strong, then the equilibrium adoption path is discontinuous, that is, it includes a catastrophe point.
- Sprache
-
Englisch
- Erschienen in
-
Series: Quaderni - Working Paper DSE ; No. 123
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Agliardi, Elettra
- Ereignis
-
Veröffentlichung
- (wer)
-
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
- (wo)
-
Bologna
- (wann)
-
1991
- DOI
-
doi:10.6092/unibo/amsacta/5241
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Agliardi, Elettra
- Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
Entstanden
- 1991
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