Survival of technologies: an evolutionary game approach

Detalhes bibliográficos
Autor(a) principal: Prado, Eleutério F. S.
Data de Publicação: 2003
Outros Autores: Kadota, Décio K., Soromenho, Jorge E. de C.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Economia Aplicada
Texto Completo: https://www.revistas.usp.br/ecoa/article/view/220095
Resumo: This paper models technology adoption as an evolutionary and asymmetric game based on a pairwise contest involving two populations, firms and consumers. First, externalities are considered only on the supply side, leading to the usual results found in the recent economic literature on the subject: path dependence, lock-in, and the possibility ofselecting inferior technology. Next externalities are introduced on the demand side, which in Leibenstein's classic paper leads to bandwagon and snob effects, and interactions between supply and demand are examined.
id USP-21_dd209eb152d1614c2eedc7bbc177d58e
oai_identifier_str oai:revistas.usp.br:article/220095
network_acronym_str USP-21
network_name_str Economia Aplicada
repository_id_str
spelling Survival of technologies: an evolutionary game approachevolutionary competitionbounded rationalitybandwagon effectsnob effectpath dependenceThis paper models technology adoption as an evolutionary and asymmetric game based on a pairwise contest involving two populations, firms and consumers. First, externalities are considered only on the supply side, leading to the usual results found in the recent economic literature on the subject: path dependence, lock-in, and the possibility ofselecting inferior technology. Next externalities are introduced on the demand side, which in Leibenstein's classic paper leads to bandwagon and snob effects, and interactions between supply and demand are examined.Universidade de São Paulo, FEA-RP/USP2003-04-11info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://www.revistas.usp.br/ecoa/article/view/22009510.11606/1413-8050/ea220095Economia Aplicada; Vol. 7 Núm. 2 (2003); 249-265Economia Aplicada; Vol. 7 No. 2 (2003); 249-265Economia Aplicada; v. 7 n. 2 (2003); 249-2651980-53301413-8050reponame:Economia Aplicadainstname:Universidade de São Paulo (USP)instacron:USPenghttps://www.revistas.usp.br/ecoa/article/view/220095/200910Copyright (c) 2003 Economia Aplicadahttp://creativecommons.org/licenses/by-nc/4.0info:eu-repo/semantics/openAccessPrado, Eleutério F. S. Kadota, Décio K. Soromenho, Jorge E. de C. 2023-12-11T19:45:22Zoai:revistas.usp.br:article/220095Revistahttps://www.revistas.usp.br/ecoaPUBhttps://www.revistas.usp.br/ecoa/oai||revecap@usp.br1980-53301413-8050opendoar:2023-12-11T19:45:22Economia Aplicada - Universidade de São Paulo (USP)false
dc.title.none.fl_str_mv Survival of technologies: an evolutionary game approach
title Survival of technologies: an evolutionary game approach
spellingShingle Survival of technologies: an evolutionary game approach
Prado, Eleutério F. S.
evolutionary competition
bounded rationality
bandwagon effect
snob effect
path dependence
title_short Survival of technologies: an evolutionary game approach
title_full Survival of technologies: an evolutionary game approach
title_fullStr Survival of technologies: an evolutionary game approach
title_full_unstemmed Survival of technologies: an evolutionary game approach
title_sort Survival of technologies: an evolutionary game approach
author Prado, Eleutério F. S.
author_facet Prado, Eleutério F. S.
Kadota, Décio K.
Soromenho, Jorge E. de C.
author_role author
author2 Kadota, Décio K.
Soromenho, Jorge E. de C.
author2_role author
author
dc.contributor.author.fl_str_mv Prado, Eleutério F. S.
Kadota, Décio K.
Soromenho, Jorge E. de C.
dc.subject.por.fl_str_mv evolutionary competition
bounded rationality
bandwagon effect
snob effect
path dependence
topic evolutionary competition
bounded rationality
bandwagon effect
snob effect
path dependence
description This paper models technology adoption as an evolutionary and asymmetric game based on a pairwise contest involving two populations, firms and consumers. First, externalities are considered only on the supply side, leading to the usual results found in the recent economic literature on the subject: path dependence, lock-in, and the possibility ofselecting inferior technology. Next externalities are introduced on the demand side, which in Leibenstein's classic paper leads to bandwagon and snob effects, and interactions between supply and demand are examined.
publishDate 2003
dc.date.none.fl_str_mv 2003-04-11
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://www.revistas.usp.br/ecoa/article/view/220095
10.11606/1413-8050/ea220095
url https://www.revistas.usp.br/ecoa/article/view/220095
identifier_str_mv 10.11606/1413-8050/ea220095
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://www.revistas.usp.br/ecoa/article/view/220095/200910
dc.rights.driver.fl_str_mv Copyright (c) 2003 Economia Aplicada
http://creativecommons.org/licenses/by-nc/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2003 Economia Aplicada
http://creativecommons.org/licenses/by-nc/4.0
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade de São Paulo, FEA-RP/USP
publisher.none.fl_str_mv Universidade de São Paulo, FEA-RP/USP
dc.source.none.fl_str_mv Economia Aplicada; Vol. 7 Núm. 2 (2003); 249-265
Economia Aplicada; Vol. 7 No. 2 (2003); 249-265
Economia Aplicada; v. 7 n. 2 (2003); 249-265
1980-5330
1413-8050
reponame:Economia Aplicada
instname:Universidade de São Paulo (USP)
instacron:USP
instname_str Universidade de São Paulo (USP)
instacron_str USP
institution USP
reponame_str Economia Aplicada
collection Economia Aplicada
repository.name.fl_str_mv Economia Aplicada - Universidade de São Paulo (USP)
repository.mail.fl_str_mv ||revecap@usp.br
_version_ 1800221693612916736

Registros relacionados