| 来源类型 | Article |
| 规范类型 | 其他 |
| DOI | 10.1016/S0167-7187(97)00009-X |
| The dynamic implications of increasing returns: Technological change and path dependent inefficiency. | |
| Foray D | |
| 发表日期 | 1997 |
| 出处 | International Journal of Industrial Organization 15 (6): 733-752 |
| 出版年 | 1997 |
| 语种 | 英语 |
| 摘要 | This paper addresses the issue of path-dependent selection and inefficiency, counterfactual methods and the empirical evidence employed in this research trajectory. The general message is basically that the theoretical argument to prove path-dependent inefficiency is relatively straightforward, while empirical demonstrations, as well as the analysis of welfare implications are much more difficult. In the first section, we briefly state the basic argument explaining how localized learning leads to an incomplete exploration of the variety distribution of a technology. We then synthesize the most interesting historical studies, which get potential regret results, and ask whether these results suggest a large welfare loss. To try to answer this question, we start from the critical arguments of Liebowitz and Margolis to discuss the theoretical and empirical difficulties of establishing path-dependent inefficiency. |
| 主题 | Environmentally Compatible Energy Strategies (ECS) |
| 关键词 | Path-dependence Technological choice Inefficiency Potential regret |
| URL | http://pure.iiasa.ac.at/id/eprint/12887/ |
| 来源智库 | International Institute for Applied Systems Analysis (Austria) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/127558 |
| 推荐引用方式 GB/T 7714 | Foray D. The dynamic implications of increasing returns: Technological change and path dependent inefficiency.. 1997. |
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