Aalbers, Rob; van der Heijden, Eline; Potters, Johannes … - 2008
, and their purchase price increases with the per-period benefits provided. We introduce a subsidy on the more expensive … technologies (that also yield the larger per-period benefits), and find that the subsidy scheme induces agents to search for and … adopt these more expensive technologies even though the subsidy itself is too small to render these technologies profitable …