Heterogenous Agents, Complementaries, and Diffusion. Do Increasing Returns Imply Convergence to International Technological Monopolies?
This work concerns some generic properties of the international diffusion of technologies and products in markets which are interdependent but displays, to varying degrees, location specific forms of dynamic increasing returns and externalities.
Previous versions appeared as IIASA Interim Reports [IIASA, Laxemburg, Austria]
Back