Albach, Horst; Krupa, Ellen; Koster, Dieter - In: Kyklos 51 (1998) 4, pp. 469-88
A model of exit from a market for an environmentally harmful intermediate product is developed. An atomistic structure of the demand side keeps firms in a technology trap. An oligopolistic structure of the demand side helps reduce the initial losses of market entry with a new less harmful...