Browsing Department of Economics by Author "Hagspiel, Verena"
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Optimal Risk Adoption and Capacity Investment in Technological Innovations
Sendstad, Lars Hegnes; Chronopoulos, Michail; Hagspiel, Verena (Peer reviewed; Journal article, 2021)Technological innovations often formulate new market regimes and create incentives to abandon existing, less attractive ones. However, this decision depends not only on market forces, such as economic and technological ...