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Costly Technology Adoption and Capital Accumulation

Aubhik Khan () and B Ravikumar

Working Papers from University of Iowa, Department of Economics

Abstract: We develop a model of costly technology adoption where the cost is irrecoverable and fixed. Households must decide when to switch from an existing technology to a new, more productive technology.

Keywords: TECHNOLOGY; DECISION MAKING (search for similar items in EconPapers)
JEL-codes: O10 O33 (search for similar items in EconPapers)
Pages: 19 pages
Date: 1997
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Related works:
Journal Article: Costly Technology Adoption and Capital Accumulation (2002) Downloads
Working Paper: Costly technology adoption and capital accumulation (2000) Downloads
Working Paper: Costly Technology Adoption and Capital Accumulation (1998) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:uia:iowaec:97-12

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