Showing 1 - 7 of 7
Marshallian districts are locales that accomodate a large number of small firms producing similar goods to be exported and benefit from the accumulation of know-how associated with workers residing there. We study the making of such districts by assuming that the cost function of a firm is a...
Persistent link: https://www.econbiz.de/10005779620
This note exhibits sufficient conditions concerning the skills of old workers ruling out overaccumulation stationnary equilibria in an OLG model with productive capital.
Persistent link: https://www.econbiz.de/10005779646
We consider a two-period overlapping generations economy in which individuals work in both periods and acquire skills when young through both learning-by-doing and formal education. We characterise the unique saddle-path stable steady state of this economy and show that individuals spend too...
Persistent link: https://www.econbiz.de/10005779657
The aim of this paper is to set the foundation of an approach of the diffusion-adoption problem of an innovation or a technological standard, based on the building of influence matrixes. This means that agents are to be considered as participating in social networks that provide the support and...
Persistent link: https://www.econbiz.de/10005634437
We consider an economic system composed of interacting potential adopters of a technology. We build a model of interindividual influence effects in which part of the links can be negative, in a context of bounded rational choice. The article shows how the sole relationships topology on a network...
Persistent link: https://www.econbiz.de/10005479041
This paper analyses the evolution of trading relationships in a market in which trades take place bilaterally. Buyers reinforce their probability of visiting sellers as a function of the profitability of their past experience. Using the "mean field" approach it is shown that two distant types of...
Persistent link: https://www.econbiz.de/10005669421
Why do innovations need delay to diffuse, or why do they fail? This paper provides a possbile explanation. Considering a population of potential adopters of a technology, we set up a model composed of interacting agents. Interaction is conceived as influence effects and the network of...
Persistent link: https://www.econbiz.de/10005669488