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From mind to market : a global, dynamic analysis of R&D
Hinloopen, Jeroen; Smrkolj, Grega; Wagener, Florian … - 2011
Persistent link: https://www.econbiz.de/10010191085
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Robot cars and dynamic bottleneck congestion : the effects on capacity, value of time and preference heterogeneity
Berg, Vincent A. C. van den; Verhoef, Erik T. - 2015 - This version: 9 June 2015
value of time losses (VOT), because travel time can be used for other activities than driving. With a mix of normal and … cars raises average capacity (especially if robot cars drive concentrated in time), but may hurt existing robot car users …
Persistent link: https://www.econbiz.de/10010532595
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Third-degree price discrimination in the presence of congestion externality
Czerny, Achim Ingo; Zhang, Anming - 2014
passengers exhibit a higher time valuation, and a less price-elastic demand, than leisure passengers. Our main result is the … identification of the time-valuation effect of price discrimination, which can work in the opposite direction as the well …-known output effect on welfare. This time-valuation effect clearly explains why discriminating prices can improve welfare even when …
Persistent link: https://www.econbiz.de/10010421801
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Reducing the dimensionality of linear quadratic control problems
Balvers, Ronald J.; Mitchell, Douglas W. - 2001
In linear-quadratic control (LQC) problems with singular control cost matrix and/or singular transition matrix, we derive a reduction of the dimension of the Riccati matrix, simplifying iteration and solution. Employing a novel transformation, we show that, under a certain rank condition, the...
Persistent link: https://www.econbiz.de/10011316872
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Acceleration of technology adoption withing firms
Koellinger, Philipp; Schade, Christian D. - 2008
This paper studies the diffusion of multiple, related technologies among firms. The results suggest an endogenous acceleration mechanism of technology adoption: The more advanced a firm is in using a particular set of technologies, the more likely it is to adopt additional, related technologies....
Persistent link: https://www.econbiz.de/10011377052
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Pros and cons of 'backing winnders' in innovation policy
Butter, Frank A. G. den; Jo, Seung-gyu - 2009
Persistent link: https://www.econbiz.de/10003813782
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Dynamic determinants of optimal global climate policy
Grubb, Michael; Lange, Rutger-Jan; Cerkez, Nicolas; … - 2023 - Revision: September 2023
-gas emitting systems, such as inertia, induced innovation, and pathdependency, by formulating a compact and analytically tractable …
Persistent link: https://www.econbiz.de/10014369562
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Taking time seriously : implications for optimal climate policy
Grubb, Michael; Lange, Rutger-Jan; Cerkez, Nicolas; … - 2020
Induced innovation and associated issues of path dependence and inertia are of critical importance in the transition to …
Persistent link: https://www.econbiz.de/10012404201
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Platform intermediation in a market for differentiated products
Galeotti, Andrea; Moraga-González, José Luis - 2008 - Rev.: February 2008
same time increases competition. As a result, the platform lowers the firm fees and raises the consumer charges. In …
Persistent link: https://www.econbiz.de/10011374421
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A monopolist in public transport : undersupply or oversupply?
Karamychev, Vladimir A.; Reeven, Peran A. van - 2009 - This version: July 2009
A monopolist in public transport may oversupply frequency relative to the social optimum, as van Reeven (2008) demonstrates with homogeneous consumers. This result generalizes for heterogeneous consumers who know the timetable. Whether a monopolist oversupplies or undersupplies frequency depends...
Persistent link: https://www.econbiz.de/10011378950