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Intergenerational bargaining in technology adoption
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SYSNO ASEP 0351413 Document Type J - Journal Article R&D Document Type Journal Article Subsidiary J Ostatní články Title Intergenerational bargaining in technology adoption Author(s) Jeong, Byeongju (NHU-C) RID Source Title CERGE-EI Working Paper Series - ISSN 1211-3298
-, č. 414 (2010), s. 1-61Number of pages 61 s. Publication form www - www Language eng - English Country CZ - Czech Republic Keywords technology adoption ; stagnation ; economic integration ; political fragmentation Subject RIV AH - Economics R&D Projects LC542 GA MŠMT - Ministry of Education, Youth and Sports (MEYS) CEZ MSM0021620846 - NHU-C Annotation I study the choice of technology adoption in an environment where human capital is transmitted from the old to the young generation, but the young generation can opt out for a new technology. The adoption and matching decisions are made in a sequential intergenerational bargaining. Since technology adoption benefits future generations who do not participate in the bargaining, there is an inherent bias toward preserving the current technology. Workplace Economics Institute - CERGE Contact Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Year of Publishing 2011
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