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Myopia and \(R\& D\)/production complementarities

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Publication:1341502
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DOI10.1007/BF01215381zbMath0815.90011OpenAlexW2036047465MaRDI QIDQ1341502

Steven A. Lippman, Fattaneh Ghaneh Cauley

Publication date: 5 January 1995

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf01215381


zbMATH Keywords

technological progressinvestmentinnovationmyopic decision rule


Mathematics Subject Classification ID

Production theory, theory of the firm (91B38)


Related Items

Search and the introduction of improved technologies



Cites Work

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  • Adoption and diffusion of an innovation of uncertain profitability
  • Preemptive innovation
  • Optimal timing decisions for the introduction of new technologies
  • Technological expectations and adoption of improved technology
  • Innovation and the persistence of monopoly
  • Dynamic Game Results of the Acquisition of New Technology
  • Uncertain Search: A Model of Search Among Technologies of Uncertain Values
  • Information Acquisition and the Adoption of New Technology
  • Uncertainty, Competition, and the Adoption of New Technology
  • A discounted machine-replacement model with an expected future technological breakthrough
  • Dynamic Process Improvement
  • On the Diffusion of New Technology: A Game Theoretic Approach
  • On Dynamic Programming with Unbounded Rewards
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