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The impact of environmental policy instruments on the timing of adoption of energy-saving technologies

✍ Scribed by Daan P. van Soest

Book ID
116859780
Publisher
Elsevier Science
Year
2005
Tongue
English
Weight
158 KB
Volume
27
Category
Article
ISSN
0928-7655

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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