Showing 1 - 10 of 624
This paper considers a model of observational learning in social networks. Every period, the agents observe the actions of their neighbors and their realized outcomes, and they imitate the most successful. First, we study the case where the network has finite population and we show that,...
Persistent link: https://www.econbiz.de/10011108866
innovation and diffusion. People are endowed with a set of skills obtained from their parents or neighbours, but those skills are … process of diffusion whereby high-income activities spread at the expense of low-income activities. An analytic formula is … asymptotic limit, whereupon there are no scale effects. The model also predicts that if the rate of diffusion of knowledge is …
Persistent link: https://www.econbiz.de/10005837089
We propose a difference-differential equation that reflects interactions between innovation and imitation processes to …: the "logistic" shape of diffusion curves and the stable form of production capacities distribution by efficiency levels …
Persistent link: https://www.econbiz.de/10008468150
the 1980s, innovation and diffusion of new technologies provide with a greater stimulus to productivity growth, but the … on innovation and economic growth, the technology-gap approach and the Kaldorian theory of cumulative causation. The …
Persistent link: https://www.econbiz.de/10008765933
This paper develops a growth model to provide a theoretical explanation of the environmental Kuznets curve (EKC). Paper explains how EKC is shaped with economic development for a given technology. The EKC result arises in two ways – it can be observed from a single technology that matures and...
Persistent link: https://www.econbiz.de/10008805882
process consists of first purchase and repurchase. First purchase is determined by the market penetration process (diffusion … (Juglar cycles) having its origin in the initial diffusion process. The theory suggests that there exists two diffusion … processes. The first can be described by Bass diffusion and is related to the information spreading process within the social …
Persistent link: https://www.econbiz.de/10009295261
broadband penetration and higher education as drivers for most of the types of eServices and users (citizens and businesses … usage. Despite severe data limits and the complexity of the underlying diffusion phenomena, our study of eServices …
Persistent link: https://www.econbiz.de/10011260820
allows us to control for the potential endogeneity of detailing. The results show that our model is able to fit the diffusion …
Persistent link: https://www.econbiz.de/10005787016
productivity, efficiency, and technological deceleration in the nineties. Wider diffusion rather than greater capital use is thus …
Persistent link: https://www.econbiz.de/10005789395
implementation of discoveries are cheaper than innovation. Therefore imitation and implementation of discoveries tends to generate … convergence even though diminishing returns to capital or to R&D do not apply. If the diffusion of technology occurs gradually …
Persistent link: https://www.econbiz.de/10005837234