This paper develops an empirical framework to analyze consumer's dynamicswitching decision in the cellular service industry. It firstincorporates the sequential problem of quantity, plan and firmsubscription choice in the presence of switching costs into a dynamicstructural model, which allows...

This article uses a multi output production function to analyse economies of scope between patents and R&D in US research universities. It evaluates the tradeoffs and/or synergies that arise between traditional university research outputs (articles and doctorates) and academic patents. It also...

We study the impacts of risk and ambiguity aversion on the adoption of new technologies, specifically genetically modified (GM) corn and soy seeds. We conduct experiments measuring risk and ambiguity aversion with Midwestern grain farmers. Risk aversion has only a small impact on the timing of...