Recherches économiques de Louvain
De Boeck Université

I.S.B.N.2-8041-3904-2
284 pages

p. 203 à 220
doi: en cours

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Vol. 68 2002/1-2

Agency and the Pace of Adoption of New Techniques

Ronald W. Anderson ll G. Nyborg
• Introduction
• The Model
• A new technique has been adopted
• A new technique has been announced
• An old technique is in place and a new technique has not been announced
— Announced new technique induces entrenchment
— Announced new technique induces maximum rent extraction
• The incentive to invest
• Conclusions
• References


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