Article ID Journal Published Year Pages File Type
5059830 Economics Letters 2013 5 Pages PDF
Abstract
We model adoption and diffusion in a commons under uncertainty about a technology's value. Technological resource stock externalities make technology less valuable with depleted stocks, but transmit information about a new technology's value, causing faster adoption of high-value technologies.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Technology adoption and diffusion with uncertainty in a commons
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