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Distorting the direction of technological change
dc.contributor.authorAdams, William Jamesen_US
dc.contributor.authorEncaoua, Daviden_US
dc.date.accessioned2006-04-10T18:15:57Z
dc.date.available2006-04-10T18:15:57Z
dc.date.issued1994-04en_US
dc.identifier.citationAdams, William James, Encaoua, David (1994/04)."Distorting the direction of technological change." European Economic Review 38(3-4): 663-673. <http://hdl.handle.net/2027.42/31689>en_US
dc.identifier.urihttp://www.sciencedirect.com/science/article/B6V64-45R2GBB-P/2/712c201a9f0e1799369ae5b185191f87en_US
dc.identifier.urihttps://hdl.handle.net/2027.42/31689
dc.description.abstractThis article explores a monopolist's incentive to distort the direction of technological change. For strategic reasons, the monopolist might invent and employ a socially undesirable technology. In so doing, he might jeopardize not only the vigor of product-market competition but also the development of socially desirable methods of production. As a result, technological dynamism cannot be considered a social virtue until its direction is compared with the social optimum.en_US
dc.format.extent695645 bytes
dc.format.extent3118 bytes
dc.format.mimetypeapplication/pdf
dc.format.mimetypetext/plain
dc.language.isoen_US
dc.publisherElsevieren_US
dc.titleDistorting the direction of technological changeen_US
dc.typeArticleen_US
dc.rights.robotsIndexNoFollowen_US
dc.subject.hlbsecondlevelEconomicsen_US
dc.subject.hlbtoplevelBusinessen_US
dc.description.peerreviewedPeer Revieweden_US
dc.contributor.affiliationumDepartment of Economics, University of Michigan, Ann Arbor, MI 48109-1220, USAen_US
dc.contributor.affiliationotherUniversity of Paris I, Paris, Franceen_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/31689/1/0000625.pdfen_US
dc.identifier.doihttp://dx.doi.org/10.1016/0014-2921(94)90101-5en_US
dc.identifier.sourceEuropean Economic Reviewen_US
dc.owningcollnameInterdisciplinary and Peer-Reviewed


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