Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
This paper investigates a simple intertemporal model to illustrate the effect of different forms of expectations formation by the buyers of technolog y on the extent and time path of the usage of a new technology. In addition, the related questions of the optimal rate oftake up of new technology, and the des ign of policies to achieve such a rate, are considered. Copyright 1986 by Royal Economic Society.