We study a monopsonist-supplier model in which each party has its own technology for production. The supplier may use its own or be required to adopt the buyer's technology. Because the efficiency of each technology is unknown to the other party, the choice of technology determines the informed...

We study the identification and estimation of key parameters in a basic model of technology adoption when specifically collected information on subjective beliefs and expectations about the technology's impact is available. We discuss identification with both non-parametrically and...

Most neo-Ricardian studies on the "choice of technique" are based on a comparison of alternative technologies applicable to the same industrial branch. Some authors even recommend restrict analyses of the long-run technological changes to a single industry. In reality, innovations often require...