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Pairwise stability (Jackson and Wolinsky, 1996) is the standard stability concept in network formation. It assumes myopic behavior of the agents in the sense that they do not forecast how others might react to their actions. Assuming that agents are farsighted, related stability concepts have...
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ebusiness technology with uncertain quality depending on its innovation and adoption cost and both firms' adoption timing. When … innovation and adoption require large set-up costs, the leader favors quick adoption by the follower. The follower prefers either …This paper presents a duopoly model of e-business technology adoption. A leader and a follower benefit from a new …
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policy instrument of the European Union has impacted innovation. Towards this end, we investigate the impact of the EU ETS on … research, development, and demonstration (RD&D), adoption, and organizational change. In doing so, we pay particular attention … from June 2008 until June 2009. We find that the innovation impact of the EU ETS has remained limited so far because of the …
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-business technology with uncertain quality depending on its innovation and adoption cost and both firms' adoption timing. When innovation …This paper presents a duopoly model of e-business technology adoption. A leader and a follower benefit from a new e … and adoption require large set-up costs, the leader favors quick adoption by the follower. The follower prefers either …
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The mixed-demand model allows for very flexible specification of what should be considered endogenous and exogenous in demand system estimation. This paper introduces a revealed preference framework to analyze the mixed-demand model. The proposed methods can be used to test whether observed data...
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