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mechanisms of monopoly control. These are mechanisms which take the existence of a monopoly as a given and ask how might the … abuses of monopoly be controlled in a decentralized manner. The most prevalent form of monopoly control in the United States … than simply reform centralized price regulation, that is, we examine decentralized forms of monopoly control. …
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Many technology adoption decisions are made under uncertainty about the costs or benefits of subsequent investments in the technology after the initial take-up. As new information is realized, agents may prefer to abandon a technology that appeared profitable at the time of take-up. Low rates of...
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Many technology adoption decisions are made under uncertainty about the costs or benefits of subsequent investments in the technology after the initial take-up. As new information is realized, agents may prefer to abandon a technology that appeared profitable at the time of take-up. Low rates of...
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