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economic implications of these processes are explored, including their application to stochastic learning curves, patent design …
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Many technologies in energy, transportation, and telecommunications require large infrastructure systems to deliver benefits to adopters and society. Policymakers seeking to promote the diffusion of infrastructure-dependent technologies are often confronted with the ``chicken-and-egg" problem:...
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A simple mathematical model describing the diffusion of a new, infrequently purchased product is proposed. Many previous papers have reported that the differing behaviour of quot;innovatorsquot; and quot;imitatorsquot; is fundamental to the diffusion process. However, previous models have failed...
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This study illustrates how a manufacturer can use leadtime differentiation- selling the same product to different customers at different prices based on delivery leadtime- to simultaneously increase revenue and reduce capacity requirements. The manufacturer's production facility is modeled by...
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