The time to adoption

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Abstract

A decision-theoretic model of the decision to adopt a process innovation is developed, and used to derive a simple result for the time lag from a decision maker's first knowledge of the innovation to his first use of it. © 1979.

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Lindner, R., Fischer, A., & Pardey, P. (1979). The time to adoption. Economics Letters, 2(2), 187–190. https://doi.org/10.1016/0165-1765(79)90171-X

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