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Diversity and Technological Progress

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NBER2011-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16984
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This paper proposes a tractable model to study the equilibrium diversity of technological progress and shows that equilibrium technological progress may exhibit too little diversity (too much conformity), in particular, foregoing socially beneficial investments in "alternative" technologies that
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2011-04-01
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