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While extant literature recognizes the central role of collective action in market formation, it undertheorizes the existence of collective action dilemmas and their impact on successful market emergence. We redress this gap by examining the central mechanisms governing the existence and...
Persistent link: https://www.econbiz.de/10010595565
Automakers are now developing alternatives to internal combustion engines (ICE), including hydrogen fuel cells and ICE – electric hybrids. Adoption dynamics for alternative vehicles are complex, owing to the size and importance of the auto industry and vehicle installed base. Diffusion of...
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Automakers are now developing alternatives to internal combustion engines (ICE), including hydrogen fuel cells and ICE-electric hybrids. Adoption dynamics for alternative vehicles are complex due to the size and importance of the auto industry and vehicle installed base. Diffusion of alternative...
Persistent link: https://www.econbiz.de/10012713341
Collective action is critical for successful market formation. However, relatively little is known about how and under what conditions actors overcome collective action problems to successfully form new markets. Using the benefits of simulation methods, we uncover how collective action problems...
Persistent link: https://www.econbiz.de/10012838586
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This paper develops initial steps towards a framework for understanding factors that condition success and failure of complex market technologies. Dynamics of such technologies are conditioned by coevolutionary processes including the development of the installed base, consumer behavior,...
Persistent link: https://www.econbiz.de/10014217950
This paper develops a dynamic, behavioral model with an explicit spatial structure to explore the co-evolutionary dynamics between infrastructure supply and vehicle demand. Vehicles and fueling infrastructure are complementarities and their chicken-egg dynamics are fundamental to the emergence...
Persistent link: https://www.econbiz.de/10014026822