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The Cost Of Learning By Doing Effect On Technology Adoption
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Book Synopsis The Cost of Learning by Doing Effect on Technology Adoption by : John L. Wake
Download or read book The Cost of Learning by Doing Effect on Technology Adoption written by John L. Wake and published by . This book was released on 1984 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Adjustment Costs, Learning-by-Doing, and Technology Adoption Under Uncertainty by : Anna Pavlova
Download or read book Adjustment Costs, Learning-by-Doing, and Technology Adoption Under Uncertainty written by Anna Pavlova and published by . This book was released on 2015 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: We consider a variety of vintage capital models of a firm's choice of technology under uncertainty in the presence of adjustment costs and technology-specific learning. Similar models have been studied in a deterministic setting. Part of our objective is to examine the robustness of the implications of the certainty models to uncertainty. We find that the answer crucially depends on the specification of the costs of adoption of a new vintage of technology. In particular, if the cost comes only in terms of accumulated technology-specific expertise (cf. Parente (1994)), we demonstrate that the implications are robust for a variety of specifications of the firm's production function. However, once we develop a model in which each adoption requires a capital expenditure, predictions become increasingly different as uncertainty increases. The model implies that in booms, the firm accelerates adoptions of new technologies, delaying them in recessions. Adverse effects of a recession on the investment decisions are alleviated in part by the firm's expertise (or human capital). Compared to the deterministic benchmark, the firm increases the pace of adoptions, making a smaller technological advance each time it upgrades its technology. Overall, uncertainty negatively impacts growth and the firm value.
Book Synopsis The role of learning in technology adoption: Evidence on hybrid rice adoption in Bihar, India by : Gars, Jared
Download or read book The role of learning in technology adoption: Evidence on hybrid rice adoption in Bihar, India written by Gars, Jared and published by Intl Food Policy Res Inst. This book was released on 2016-12-22 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much empirical research has shown that individuals’ decisions to adopt a new technology are the result of learning–both through personal experimentation through observing the experimentation of others. Yet even casual observation would suggest significant heterogeneity of learning processes, manifesting itself in widely varying patterns of adoption over space and time. This paper explores this heterogeneity in the context of early adoption of hybrid rice in rural India. Using specially designed experiments conducted as part of a primary survey in the field, we identify which of four broad learning heuristics most accurately reflects individuals’ information processing strategies. Linking these learning heuristics with observed use of rice hybrids, we demonstrate that pure Bayesian learning is well suited for the tinkering and marginal adjustments that are required to learn about a technology like hybrid rice, but it is also more cognitively taxing than other learning styles requiring a longer memory and more complex updating processes. Consequently, only about 25 percent of the farmers in our sample can be characterized as pure Bayesian learners. Present-biased learning and relying on first impressions will likely hinder adoption of a technology like hybrid rice, even after controlling for access to credit and a rudimentary proxy for intelligence.
Book Synopsis Handbook of Environmental Economics by : Karl-Goran Maler
Download or read book Handbook of Environmental Economics written by Karl-Goran Maler and published by Elsevier. This book was released on 2003-05-20 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Environmental Economics focuses on the economics of environmental externalities and environmental public goods. Volume I examines environmental degradation and policy responses from a microeconomic, institutional standpoint. Its perspective is dynamic, including a consideration of the dynamics of natural systems, and global, with attention paid to issues in both rich and poor nations. In addition to chapters on well-established topics such as the theory and practice of pollution regulation, it includes chapters on new areas of environmental economics research related to common property management regimes; population and poverty; mechanism design; political economy of regulation; experimental evaluations of policy instruments; and technological change.
Download or read book Learning by Doing written by James Bessen and published by Yale University Press. This book was released on 2015-01-01 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology is constantly changing our world, leading to more efficient production. In the past, technological advancements dramatically increased wages, but during the last three decades, the median wage has remained stagnant. Many of today's machines have taken over the work of humans, destroying old jobs while increasing profits for business owners and raising the possibility of ever-widening economic inequality. Author James Bessen argues that avoiding this fate will require unique policies to develop the knowledge and skills necessary to implement the rapidly evolving technologies. At present this technical knowledge is mostly unstandardized and difficult to acquire, learned through job experience rather than in classrooms. Nor do current labor markets generally provide strong incentives for learning on the job. Basing his analysis on intensive research into economic history as well as today's labor markets, the author explores why the benefits of technology take years, sometimes decades, to emerge. Although the right policies can hasten this process, policy has moved in the wrong direction in recent decades, protecting politically influential interests to the detriment of emerging technologies and broadly shared prosperity.
Book Synopsis Planning Academic Library Orientations by : Kylie Bailin
Download or read book Planning Academic Library Orientations written by Kylie Bailin and published by Chandos Publishing. This book was released on 2018-06-28 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Colleges and universities throughout the world plan library orientations for first years or specific audiences such as transfer or international students. These events can vary greatly in shape and form depending on the size, resources and staff of the institution, orientation schedule, and whether it is mandatory for students. Some institutions plan day-long events, elaborate games, or scavenger hunts; some offer drop in sessions or library tours; others offer an online orientation. Planning Academic Library Orientations gathers case studies from around the world covering a wide variety of approaches as a guide to those revamping or creating new library orientations. Chapters are organized into the following thematic sections: Games; Marketing & Promotion; Partnerships; Targeting Specific Audiences; Technology; and Tours, and are cross-referenced if they touch on additional themes. Each chapter includes institutional information so readers can decide which type of orientation is appropriate for their own institution and see what resources are required. - Gives guidance on best practices for academic library orientations - Gathers examples from around the world to provide international perspective - Empowers librarians to take aim at the anxiety felt by new and first year students - Presents effective ways of introducing students to what a college/university library is, what it contains, and where to find information, while also showing how helpful librarians can be
Book Synopsis Human Motor Control by : David A. Rosenbaum
Download or read book Human Motor Control written by David A. Rosenbaum and published by Elsevier. This book was released on 2014-06-28 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human Motor Control is a elementary introduction to the field of motor control, stressing psychological, physiological, and computational approaches. Human Motor Control cuts across all disciplines which are defined with respect to movement: physical education, dance, physical therapy, robotics, and so on. The book is organized around major activity areas. - A comprehensive presentation of the major problems and topics in human motor control - Incorporates applications of work that lie outside traditional sports or physical education teaching
Book Synopsis Technological Learning in the Transition to a Low-Carbon Energy System by : Martin Junginger
Download or read book Technological Learning in the Transition to a Low-Carbon Energy System written by Martin Junginger and published by Academic Press. This book was released on 2019-11-25 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technological Learning in the Transition to a Low-Carbon Energy System: Conceptual Issues, Empirical Findings, and Use in Energy Modeling quantifies key trends and drivers of energy technologies deployed in the energy transition. It uses the experience curve tool to show how future cost reductions and cumulative deployment of these technologies may shape the future mix of the electricity, heat and transport sectors. The book explores experience curves in detail, including possible pitfalls, and demonstrates how to quantify the 'quality' of experience curves. It discusses how this tool is implemented in models and addresses methodological challenges and solutions. For each technology, current market trends, past cost reductions and underlying drivers, available experience curves, and future prospects are considered. Electricity, heat and transport sector models are explored in-depth to show how the future deployment of these technologies—and their associated costs—determine whether ambitious decarbonization climate targets can be reached - and at what costs. The book also addresses lessons and recommendations for policymakers, industry and academics, including key technologies requiring further policy support, and what scientific knowledge gaps remain for future research. - Provides a comprehensive overview of trends and drivers for major energy technologies expected to play a role in the energy transition - Delivers data on cost trends, helping readers gain insights on how competitive energy technologies may become, and why - Reviews the use of learning curves in environmental impacts for lifecycle assessments and energy modeling - Features social learning for cost modeling and technology diffusion, including where consumer preferences play a major role
Author :Nicholas Kalaitzandonakes Publisher :Springer Science & Business Media ISBN 13 :1461501776 Total Pages :255 pages Book Rating :4.4/5 (615 download)
Book Synopsis The Economic and Environmental Impacts of Agbiotech by : Nicholas Kalaitzandonakes
Download or read book The Economic and Environmental Impacts of Agbiotech written by Nicholas Kalaitzandonakes and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: After almost fifteen years in the laboratory and in the test plots, bioengineered crops arrived to the market in the mid-1990s. Adoption was rapid and wide spread. In 1996, less than 4 million acres in six countries were planted with bioengineered crops. By 2001, worldwide adoption had expanded to more than 115 million acres. Important questions quickly followed. What were the factors driving the widespread adoption and rapid diffusion of these first-generation agrobiotech nologies? What were their economic and environmental impacts? How were such impacts distributed among large and small producers, innovators and adopters, developed and developing countries, exporters and importers, domestic and foreign consumers? How were such impacts and their distribu tion affected by market structure and government policies? A growing body of literature has provided valuable answers to some of these questions. However, an assessment that accounts for the full range of differences in geography, weather, pests, farm structures, and institutions had not been completed. It brings together leading This book provides just such an assessment. authors from around the world who have analyzed the production, environ mental, and economic impacts of first-generation crop biotechnologies. By pooling experiences across various countries, time periods, crops, and traits, this global panel is able to synthesize a complete picture of the impacts of first-generation crop biotechnologies.
Book Synopsis Modelling Long-term Scenarios for Low Carbon Societies by : Neil Strachan
Download or read book Modelling Long-term Scenarios for Low Carbon Societies written by Neil Strachan and published by Routledge. This book was released on 2015-02-13 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the ever-increasing impacts of climate change, it is now clear that global society will have to restructure its energy systems in order to decrease carbon emissions. The scenarios under which this transition to low-carbon societies (LCS) could occur would have complex economic, technological, behavioural and policy implications. This volume, a supplement to the Climate Policy journal, considers these implications by examining different low-carbon scenarios for different countries, modelled at different scales and typologies. Two overview chapters, co-written by international experts, set the context of scenario development and quantification of LCS, and summarize the findings on the economic implications, societal responses, technological developments and required policy measures to enable LCS across a range of countries. Further chapters detail the modelling of various scenarios and outline the model methodology, detail the economic and technological consequences of transitions to LCS, and comment on the strengths and weaknesses of specific policies.
Book Synopsis Winning the Hardware-Software Game by : Ruth D. Fisher
Download or read book Winning the Hardware-Software Game written by Ruth D. Fisher and published by Pearson Education. This book was released on 2009-03-04 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Many books discuss high-tech decision making, but this is the only book I know of that provides a systematic approach based on objective analysis.” —Matthew Scarpino, author of Programming the Cell Processor “This book offers a unique approach to analyzing business strategy that changes the focus and attitude to a lively and fun exercise of treating business strategy as a game.” —Dave Hendricksen, Architect, Thomson-Reuters USE GAME THEORY TO SOLVE THE #1 PROBLEM THAT CAUSES NEW TECHNOLOGIES TO FAIL IN THE MARKETPLACE: LACK OF COORDINATION Too many advanced technologies fail the test of adoption, at immense cost to their creators and investors. Why? Many new technologies are launched into complex ecosystems where hardware, software, and/or connectivity components must work together—for instance, next-generation gaming and video platforms that can only succeed if they offer attractive, compatible content. Often, users aren’t ready to give up existing systems, and content or connectivity providers aren’t ready to move away from existing markets. In either case, the real issue is a lack of coordination. Fortunately, coordination problems have specific, proven solutions, and Winning the Hardware–Software Game shows you exactly how to find them. Drawing on advanced ideas from game theory, economics, sociology, and business strategy, author Ruth D. Fisher presents a systematic framework for identifying, assessing, and resolving coordination problems among all the participants in a product ecosystem. Writing in plain, nontechnical, nonmathematical English, Dr. Fisher helps you discover specific steps that will prepare your customers and partners for successful adoption. Using these techniques, you can shape strategy, systematically reduce risk, and dramatically increase profitability. Topics covered in this book include: Discovering the forces that drive or delay adoption by users and content providers Understanding networks, network effects, switching costs, technology compatibility, and other crucial issues Speeding the pace of adoption, and getting to the “tipping point” sooner Clarifying and restructuring the incentives that motivate users and software providers Engineering new systems to maximize the likelihood of adoption Creating expectations of adoption and decreasing the relative value of older systems Learning from Apple Newton versus Palm Pilot, HD DVD versus Blu-Ray, and other significant technology battles Leveraging lock-in, path dependence, standardization, and first-mover advantage With so much at stake, Winning the Hardware–Software Game is a required resource for everyone concerned with new technology adoption—executives, strategists, R&D leaders, marketers, product managers, industry analysts, and investors alike.
Book Synopsis The Role of Technology in Education by : Fahriye Altınay
Download or read book The Role of Technology in Education written by Fahriye Altınay and published by BoD – Books on Demand. This book was released on 2020-03-11 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book has three sections on the role of technology in education. The first section covers the merits of online learning and environment. The second section of the book gives insight on new technologies in learning and teaching. The third section of the book underlines the importance of new tendencies for the technology in education. I have a firm belief that readers can find great insights on the role of technology in education from different reflections and research.
Book Synopsis Handbook of the Economics of Innovation by : Bronwyn H. Hall
Download or read book Handbook of the Economics of Innovation written by Bronwyn H. Hall and published by Elsevier. This book was released on 2010-03-25 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists examine the genesis of technological change and the ways we commercialize and diffuse it. The economics of property rights and patents, in addition to industry applications, are also surveyed through literature reviews and predictions about fruitful research directions.- Two volumes, available as a set or sold separately Expert articles consider the best ways to establish optimal incentives in technological progress Science and innovation, both their theories and applications, are examined at the intersections of the marketplace, policy, and social welfare. Economists are only part of an audience that includes attorneys, educators, and anyone involved in new technologies. For too long the policy importance of innovation has taken a back seat to short-term stimulus initiatives. Hall and Rosenberg have assembled a scholarly collection of papers that provide a timely guide for rediscovering the role of innovation in economic growth. Albert N. Link, University of North Carolina at Greensboro.
Book Synopsis Essays in Honor of Edwin Mansfield by : Albert N. Link
Download or read book Essays in Honor of Edwin Mansfield written by Albert N. Link and published by Springer Science & Business Media. This book was released on 2005-12-12 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edwin Mansfield was a research pioneer into the economics of R and D and technological change. As appreciation and remembrance for his scholarly contributions, eminent scholars have contributed original papers for this edited volume. The authors have followed the "Mansfieldian” approach of emphasizing economic insight and intuition over mathematical rigor and as a result are very accessable. Essays in Honor of Edwin Mansfield has the potential to serve as a reader in all advanced undergraduate and graduate classes/seminars in the economics of R and D and technological change. This edited volume will be the definitive work in the field.
Book Synopsis Learning by Doing by : Richard DuFour
Download or read book Learning by Doing written by Richard DuFour and published by Solution Tree. This book was released on 2020 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the third edition of Learning by Doing: A Handbook for Professional Learning Communities at Work®, authors Richard DuFour, Rebecca DuFour, Robert Eaker, Thomas W. Many, and Mike Mattos provide educators with a comprehensive, bestselling guide to transforming their schools into professional learning communities (PLCs). In this revised version, contributor and Canadian educator Karen Power has adapted the third edition for Canadian educators, emphasizing how Canadian educators can effectively improve learning for each student across their unique and widely diverse provinces and territories. Rewritten so that the scenarios, research, and language appropriately meet the needs of Canadian educators, this version is packed with real-world strategies and advice that will assist readers in transforming their school or district into a successful PLC.
Book Synopsis Responsible Robotics: Identifying and Addressing Issues of Ethics, Fairness, Accountability, Transparency, Privacy and Employment by : Martim Brandão
Download or read book Responsible Robotics: Identifying and Addressing Issues of Ethics, Fairness, Accountability, Transparency, Privacy and Employment written by Martim Brandão and published by Frontiers Media SA. This book was released on 2022-07-18 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Political Economy of Electricity by : Mark Cooper
Download or read book The Political Economy of Electricity written by Mark Cooper and published by Bloomsbury Publishing USA. This book was released on 2017-04-24 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing critical insights that will interest readers ranging from economists to environmentalists, policymakers, and politicians, this book analyzes the economics and technology trends involved in the dilemma of decarbonization and addresses why aggressive policy is required in a capitalist political economy to create a sea change away from fossil fuels. The environmental damage across the globe is a result of the success of capitalist industrialism—250 years of carbon pollution resulting from consumption of fossil fuels to drive the economy and the worldwide aspiration to ever-increasing levels of economic development. But capitalism has also produced the tools to solve the problems it has created in the form of a technological revolution in low-carbon renewables, distributed resources, and intelligent systems to integrate supply and demand. This book comprehensively examines the political economy of electricity and analyzes the challenge of transforming today's electricity sector to meet the dual goals of decarbonization and development expressed in the Paris Agreement. Author Mark Cooper defines the dilemma of development and decarbonization as the great challenge facing the electricity industry and documents how the economic resources costs of a 100 percent-renewable portfolio has declined to the point that decarbonization can pay for itself, making the low-carbon renewable technologies that enable desired environmental and public-health benefits an easy sell. He identifies the substantial benefit of increasing use of information, communications, and advanced control technologies; shows how targeted innovation could speed the transition by a decade or two and lower the overall cost of the transition by as much as half; and explains why the flexible, multi-stakeholder approach of the Paris Agreement is the correct approach.