TY - JOUR
T1 - The effects of the market structure on the adoption of evolving technologies
AU - Rivas, Javier
PY - 2010/12
Y1 - 2010/12
N2 - We study the speed at which technologies are adopted depending on how the market power is shared between the firms that sell technologies and the firms that buy them. Our results suggest that, because of a double marginalization problem, adoption is fastest when either sellers or buyers hold all the market power. Thus, competition between sides of the market may delay the adoption of technologies
AB - We study the speed at which technologies are adopted depending on how the market power is shared between the firms that sell technologies and the firms that buy them. Our results suggest that, because of a double marginalization problem, adoption is fastest when either sellers or buyers hold all the market power. Thus, competition between sides of the market may delay the adoption of technologies
UR - http://www.scopus.com/inward/record.url?scp=77958153043&partnerID=8YFLogxK
UR - http://dx.doi.org/10.1016/j.jedc.2010.06.026
U2 - 10.1016/j.jedc.2010.06.026
DO - 10.1016/j.jedc.2010.06.026
M3 - Article
VL - 34
SP - 2485
EP - 2493
JO - Journal of Economic Dynamics and Control
JF - Journal of Economic Dynamics and Control
IS - 12
ER -