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Technology Adoption and the Emergence of Regional Asymmetries

✍ Scribed by Emanuele Giovannetti


Book ID
108516295
Publisher
John Wiley and Sons
Year
2003
Tongue
English
Weight
236 KB
Volume
48
Category
Article
ISSN
0022-1821

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This article examines a game of multiproduct technology adoption. We consider a duopoly model in which firms choose when to switch from a traditional single-product technology to a more flexible and more expensive multiproduct technology. The multiproduct technology allows a firm to invade the other