Environmental regulations often want to stimulate the generation and adoption of ecoefficient innovations. An important argument in the public debate is also the creation of new markets for environmentally benign products, processes and services that other countries adopt and therefore generate...

In markets where product quality is important, more than one characteristic is usually necessary to define product quality and the amelioration of the goods characteristics is usually costly. Then, properties of production technologies, in particular if they exhibit economies or diseconomies of...

Nicht zuletzt infolge merklich gestiegener Einkommen, veränderter Verbraucherwünsche und beachtlicher technologischer Fortschritte verzeichnet der weltweite Agrarhandel in den vergangenen drei Jahrzehnten historische Entwicklungen. Diese betreffen (insbesondere) auch die internationalen...

The introduction of a new product generation forces incumbents in network industries to rebuild their installed base to maintain an advantage over potential entrants. We study if backward compatibility can help moderate this process of rebuilding an installed base. Using a structural model of...