Better Observability Promotes the Adoption of more Flexible Technologies.

We study in this paper how the technological flexibility choices and equilibrium configurations depend first on the industry characteristics (demand function and cost parameters specific to the multiproduct flexible technology and to the product dedicated technologies) and, second, on the observability conditions prevailing in the industry. We show that better observability tends to promote the adoption of more flexible technologies.

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Year of publication:	1998
Authors:	Boyer, M. ; Jacques, A. ; Moreaux, M.
Institutions:	Groupe de Recherche en Économie Mathématique et Quantitative (GREMAQ), Toulouse School of Economics (TSE)
Subject:	OLIGOPOLIES \| MARKET STRUCTURE

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Series:	Toulouse - GREMAQ.
Type of publication:	Book / Working Paper
Notes:	23 pages
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection ; L13 - Oligopoly and Other Imperfect Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005486528