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

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  • Javier Rivas

    (Department of Economics - University Road)

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.

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  • Javier Rivas, 2010. "The effects of the market structure on the adoption of evolving technologies," Post-Print hal-00743846, HAL.
    • Handle: RePEc:hal:journl:hal-00743846
    DOI: 10.1016/j.jedc.2010.06.026
    Note: View the original document on HAL open archive server: https://hal.science/hal-00743846
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    Cited by:

    1. A. Mahathi & Rupayan Pal & Vinay Ramani, 2016. "Competition, strategic delegation and delay in technology adoption," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 25(2), pages 143-171, March.

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