Vintage technology, optimal investment and technology adoption

  • Zou B
  • 4

    Readers

    Mendeley users who have this article in their library.
  • 5

    Citations

    Citations of this article.

Abstract

In this paper, we study a vintage technology model under a market equilibrium setting. In this model, firms can invest not only on new vintage technology, but also on existing ones. We first generalize previous partial equilibrium settings and, second, incorporate the adoption problem into a vintage framework. © 2006 Elsevier B.V. All rights reserved.

Author-supplied keywords

  • Embodiment
  • Technology adoption
  • Vintage technology

Get free article suggestions today

Mendeley saves you time finding and organizing research

Sign up here
Already have an account ?Sign in

Find this document

Authors

  • Benteng Zou

Cite this document

Choose a citation style from the tabs below

Save time finding and organizing research with Mendeley

Sign up for free