The effects of the market structure on the adoption of evolving technologies

Javier Rivas

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Abstract: We study the speed at which technologies are adopted depending on how the market power is shared between the firms that sell technologies and the firms that buy them. Our results suggest that, because of a double marginalization problem, adoption is fastest when either sellers or buyers hold all the market power. Thus, competition between sides of the market may delay the adoption of technologies.

Keywords: Market; Structures (search for similar items in EconPapers)
Date: 2010-10-21
Note: View the original document on HAL open archive server: https://hal.science/hal-00743846
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Citations: View citations in EconPapers (2)

Published in Journal of Economic Dynamics and Control, 2010, 34 (12), pp.2485. ⟨10.1016/j.jedc.2010.06.026⟩

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Journal Article: The effects of the market structure on the adoption of evolving technologies (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00743846

DOI: 10.1016/j.jedc.2010.06.026

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