interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of …In a Cournot oligopoly set up with constant marginal cost and linear demand, innovation is rewarding. In this paper we … work with a Cournot oligopoly framework with increasing marginal cost and linear demand and show that innovation may not be …

, innovation. …

This paper considers cost-reducing R&D investment with spillovers in a Cournot oligopoly with minority shareholdings … demand and of the innovation function, and with the extent of spillover effects. In terms of consumer surplus standard, the …

significant impact. Finally, either regulatory instrument may induce the highest technology investment levels. …

We study the effect of a declining labor force on the incentives to engage in labor-saving technical change and ask how … expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channel in a new …

We consider technology choices between green and brown technologies by firms. We use insights from complexity theory … and also take account of true uncertainty in designing public policy. The green technology offers relatively higher … technology. We show that the long-run outcome is unpredictable despite there being no fundamental uncertainty in the model; small …

from complexity theory that takes account of true uncertainty and increasing returns to technology adoption. We examine …We consider firms' choices between a clean technology that benefits, and a dirty technology that harms, the environment …. Green firms are more suited to the clean, and brown firms are more suited to the dirty technology. We use a model derived …

discuss what standards are, how the process of standardization works, and how standards are related to induced innovation and …This paper aims to help policy makers identify how standards can contribute to the effective and cost …-saving technologies. This broad perspective enables us to identify interesting economic dimensions of standards, such as their …

In a continuous-time framework we study the technology and investment choice problem of a continuous co … flexible technology allowing for such option. Investment is irreversible and flexibility is costly. The problem is solved … determining in the light of future prospects the optimal revision and then playing backward fixing the investment timing rule …

market penetration only later. In the short run, investment is needed mainly to improve productivity in the renewable energy …