Observation, Flexibility and Industry Technological Structure
We study the links between observation and flexible technological choices in a duopolistic industry. We show that, in large markets, the strategic value of flexibility is positive and the observation of technological choices promotes the adoption of more flexible technologies whereas in small markets, the strategic value of flexibility is negative and such observation decreases the level of flexibility chosen by firms.
Year of publication: |
2002
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Authors: | BOYER, Marcel ; JACQUES, Armel ; MOREAUX, Michel |
Published in: |
Annales d'Economie et de Statistique. - École Nationale de la Statistique et de l'Admnistration Économique (ENSAE). - 2002, 65, p. 173-194
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Publisher: |
École Nationale de la Statistique et de l'Admnistration Économique (ENSAE) |
Saved in:
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