On the Optimal Rate of Obsolescence

Agliardi, Elettra (1990) On the Optimal Rate of Obsolescence. Bologna: Dipartimento di Scienze economiche DSE, p. 24. DOI 10.6092/unibo/amsacta/5270. In: Quaderni - Working Paper DSE (95). ISSN 2282.6483.
Full text available as:
[img]
Preview
Text(pdf)
License: Creative Commons Attribution Non-commercial

Download (7MB) | Preview

Abstract

In this paper the decision of adopting of new technologies is studied trought a multistage model. It incorporates multiple sequential technological innovations and the possibility of implementing that have already been discovered. It is shown how such decision is effected by the relevant parameters, that is, the cost of adoption, the probability of discovery, the discount factor Moreover, it is studied how the decision about adoption is effected by the presence of a rival.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Agliardi, Elettra0000-0001-9950-1152
Subjects
ISSN
2282.6483
DOI
Deposit date
01 Jul 2016 08:05
Last modified
01 Jul 2016 08:05
URI

Other metadata

Downloads

Downloads

Staff only: View the document

^