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Technology acquisition with technological progress: effects of expectations, rivalry and uncertainty

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  • Rahman, Atiqur
  • Loulou, Richard

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  • Rahman, Atiqur & Loulou, Richard, 2001. "Technology acquisition with technological progress: effects of expectations, rivalry and uncertainty," European Journal of Operational Research, Elsevier, vol. 129(1), pages 159-185, February.
  • Handle: RePEc:eee:ejores:v:129:y:2001:i:1:p:159-185
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    References listed on IDEAS

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    1. Jennifer F. Reinganum, 1981. "On the Diffusion of New Technology: A Game Theoretic Approach," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 48(3), pages 395-405.
    2. Cheryl Gaimon, 1989. "Dynamic Game Results of the Acquisition of New Technology," Operations Research, INFORMS, vol. 37(3), pages 410-425, June.
    3. Ireland, N & Stoneman, P, 1986. "Technological Diffusion, Expectations and Welfare," Oxford Economic Papers, Oxford University Press, vol. 38(2), pages 283-304, July.
    4. Pindyck, Robert S, 1993. "A Note on Competitive Investment under Uncertainty," American Economic Review, American Economic Association, vol. 83(1), pages 273-277, March.
    5. Sampath Rajagopalan & Medini R. Singh & Thomas E. Morton, 1998. "Capacity Expansion and Replacement in Growing Markets with Uncertain Technological Breakthroughs," Management Science, INFORMS, vol. 44(1), pages 12-30, January.
    6. Nair, Suresh K. & Hopp, Wallace J., 1992. "A model for equipment replacement due to technological obsolescence," European Journal of Operational Research, Elsevier, vol. 63(2), pages 207-221, December.
    7. Pindyck, Robert S, 1988. "Irreversible Investment, Capacity Choice, and the Value of the Firm," American Economic Review, American Economic Association, vol. 78(5), pages 969-985, December.
    8. Drew Fudenberg & Jean Tirole, 1985. "Preemption and Rent Equalization in the Adoption of New Technology," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 52(3), pages 383-401.
    9. Taekwon Kim & Lars‐Hendrik Röller & Mihkel M. Tombak, 1994. "On the timing of adoption of multiproduct technologies," Naval Research Logistics (NRL), John Wiley & Sons, vol. 41(3), pages 377-394, April.
    10. Hendricks, Kenneth, 1992. "Reputations in the adoption of a new technology," International Journal of Industrial Organization, Elsevier, vol. 10(4), pages 663-677, December.
    11. Balcer, Yves & Lippman, Steven A., 1984. "Technological expectations and adoption of improved technology," Journal of Economic Theory, Elsevier, vol. 34(2), pages 292-318, December.
    12. Pindyck, Robert S, 1991. "Irreversibility, Uncertainty, and Investment," Journal of Economic Literature, American Economic Association, vol. 29(3), pages 1110-1148, September.
    13. Cainarca, Gian Carlo & Colombo, Massimo G. & Mariotti, Sergio, 1989. "An evolutionary pattern of innovation diffusion. The case of flexible automation," Research Policy, Elsevier, vol. 18(2), pages 59-86, April.
    14. Hartman, Richard, 1972. "The effects of price and cost uncertainty on investment," Journal of Economic Theory, Elsevier, vol. 5(2), pages 258-266, October.
    15. Shanling Li & Devanath Tirupati, 1994. "Dynamic Capacity Expansion Problem with Multiple Products: Technology Selection and Timing of Capacity Additions," Operations Research, INFORMS, vol. 42(5), pages 958-976, October.
    16. Karlson, Stephen H, 1986. "Adoption of Competing Inventions by United States Steel Producers," The Review of Economics and Statistics, MIT Press, vol. 68(3), pages 415-422, August.
    17. Abel, Andrew B, 1983. "Optimal Investment under Uncertainty," American Economic Review, American Economic Association, vol. 73(1), pages 228-233, March.
    18. Mills, David E. & Smith, William, 1996. "It pays to be different: Endogenous heterogeneity of firms in an oligopoly," International Journal of Industrial Organization, Elsevier, vol. 14(3), pages 317-329, May.
    19. Antonelli, Cristiano, 1989. "The role of technological expectations in a mixed model of international diffusion of process innovations: The case of open-end spinning rotors," Research Policy, Elsevier, vol. 18(5), pages 273-288, October.
    20. Hirohide Hinomoto, 1965. "Capacity Expansion with Facilities Under Technological Improvement," Management Science, INFORMS, vol. 11(5), pages 581-592, March.
    21. Suresh K. Nair, 1995. "Modeling Strategic Investment Decisions Under Sequential Technological Change," Management Science, INFORMS, vol. 41(2), pages 282-297, February.
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