Diffusion with delayed informational spillovers
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- dc.contributor.author Duque, Gabrielca
- dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
- dc.date.accessioned 2017-07-26T10:50:21Z
- dc.date.available 2017-07-26T10:50:21Z
- dc.date.issued 1998-03-01
- dc.date.modified 2017-07-23T02:03:35Z
- dc.description.abstract I study the relation between the delay in the transmission of spillovers of information and diffusion. When a firm enters or innovates it benefits from the information it gets by observing past entry. Delays in the process of receiving the information reduce the benefits of the spillover and affect the entry process. I derive the effects this delay has on diffusion, on the dynamics of price and cost of entry, and on efficiency. I explain why, when spillovers of information are delayed, a zero profit condition requires an initial set of entrants bigger than zero. I also illustrate how an S-shaped diffusion curve can be generated. I show that competitive equilibrium entails a slower generation of information relative to the social optimum and how a social planner can improve efficiency.
- dc.format.mimetype application/pdfca
- dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=285
- dc.identifier.uri http://hdl.handle.net/10230/944
- dc.language.iso eng
- dc.relation.ispartofseries Economics and Business Working Papers Series; 285
- dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- dc.subject.keyword diffusion
- dc.subject.keyword informational spillovers
- dc.subject.keyword delays
- dc.subject.keyword innovation
- dc.subject.keyword entry
- dc.subject.keyword Business Economics and Industrial Organization
- dc.title Diffusion with delayed informational spilloversca
- dc.type info:eu-repo/semantics/workingPaper