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  • 标题:Technology adoption in a community of heterogeneous education level: Who are your good neighbors?
  • 本地全文:下载
  • 作者:Yusuke Ono
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2006
  • 卷号:15
  • 出版社:Economics Bulletin
  • 摘要:This paper examines the role of education in technology adoption in a multi-agent finite-time dynamic game setting. It is assumed that education decreases prior variance on the best action in using a new technology in the target-input Bayesian model, experience accumulates in a community (social learning information spillover), and the experience, however, is not transferrable from one technology to another. The paper shows that, depending on the schooling distribution, the equilibrium s different dynamic patterns of technology adoption.
  • 关键词:choice of technology
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