Discontinuous Adoption Paths with Dynamic Scale Economies

Elettra Agliardi ()

Economica, 1995, vol. 62, issue 248, pages 541-49

Abstract: The purpose of the paper is to show that 'catastrophes' can arise in a simple model of the adoption of innovations with increasing returns to adoption. The equilibrium adoption path for two innovations is studied when there are network externalities and heterogeneous potential adopters. Sufficient conditions for a discontinuous equilibrium adoption path are derived. Copyright 1995 by The London School of Economics and Political Science.

Date: 1995

Downloads: (external link)
http://links.jstor.org/sici?sici=0013-0427%2819951 ... O%3B2-R&origin=repec full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
Working Paper: Discontinuous Adoption Paths With Dynamic Scale Economies (1991)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:bla:econom:v:62:y:1995:i:248:p:541-49

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0013-0427

Access Statistics for this article

Economica is edited by Frank Cowell, Tore Ellingsen and Alan Manning

More articles in Economica from London School of Economics and Political Science
Contact information at EDIRC.
Series data maintained by Christopher F. Baum ().