Artikel
Technology adoption under costly information processing
A new explanation for imperfect technology adoption is proposed. In the model, agents allocate scarce attention rationally between actions and decide whether and how to adopt a technology. Introducing constraints to information processing gives rise to attentional barriers to technology adoption, which affect optimal adoption behavior. The model can explain why individuals (i) fail to adopt profitable technologies, (ii) fail to make the best use of adopted technology, (iii) treat complementary technologies as substitutes, and (iv) change their adoption decision back and forth over time. The model complements existing learning models and is consistent with empirical evidence.
- Sprache
-
Englisch
- Erschienen in
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Journal: International Economic Review ; ISSN: 1468-2354 ; Volume: 63 ; Year: 2021 ; Issue: 2 ; Pages: 699-753 ; Hoboken, USA: Wiley Periodicals, Inc.
- Klassifikation
-
Wirtschaft
- Ereignis
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Geistige Schöpfung
- (wer)
-
Naeher, Dominik
- Ereignis
-
Veröffentlichung
- (wer)
-
Wiley Periodicals, Inc.
- (wo)
-
Hoboken, USA
- (wann)
-
2021
- DOI
-
doi:10.1111/iere.12545
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Naeher, Dominik
- Wiley Periodicals, Inc.
Entstanden
- 2021
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