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Competing engines of growth : innovation and standardization

Acemoglu, Daron; Gancia, Gino Alessandro; Zilibotti, … - In: Journal of economic theory 147 (2012) 2, pp. 570-601

Persistent link: https://www.econbiz.de/10009663690

Acemoglu, Daron; Johari, Ramesh; Ozdaglar, Asuman E. - 2006

Most large-scale communication networks, such as the Internet, consist of interconnected administrative domains. While source (or selfish) routing, where transmission follows the least cost path for each source, is reasonable across domains, service providers typically engage in traffic...

Persistent link: https://www.econbiz.de/10014056396

Competing engines of growth: Innovation and standardization

Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - Department of Economics and Business, Universitat … - 2010

production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … adapted to be produced using unskilled labor. Our framework highlights a number of novel results. First, standardization is … standardization rate (and of competition). Second, we characterize the growth and welfare maximizing speed of standardization. We show …

Persistent link: https://www.econbiz.de/10010849616

Competing engines of growth: Innovation and standardization

Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - In: Journal of Economic Theory 147 (2012) 2, pp. 570-601

Persistent link: https://www.econbiz.de/10010576552

Spread of (mis)information in social networks

Acemoglu, Daron; Ozdaglar, Asuman E.; ParandehGheibi, Ali - In: Games and economic behavior 70 (2010) 2, pp. 194-227

Persistent link: https://www.econbiz.de/10009242477

Minimum Wages and On-the-Job Training

Acemoglu, Daron; Pischke, Jörn-Steffen - 2001

Becker?s theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...

Persistent link: https://www.econbiz.de/10010262588

A theory of military dictatorships

Acemoglu, Daron; Ticchi, Davide; Vindigni, Andrea - 2008

We investigate how nondemocratic regimes use the military and how this can lead to the emergence of military dictatorships. Nondemocratic regimes need the use of force in order to remain in power, but this creates a political moral hazard problem; a strong military may not simply work as an...

Persistent link: https://www.econbiz.de/10010268860