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A mean Field Game approach to technological transition

Ben Tahar, Imen; Aïd, René (2014), A mean Field Game approach to technological transition, PGMO - COPI'14, 2014-07, Paris-Saclay, France

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Type
Communication / Conférence
External document link
http://www.fondation-hadamard.fr/sites/default/files/images/bentahar.pdf
Date
2014
Conference title
PGMO - COPI'14
Conference date
2014-07
Conference city
Paris-Saclay
Conference country
France
Pages
2
Metadata
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Author(s)
Ben Tahar, Imen
Aïd, René
Abstract (EN)
We develop a model to assess the di usion of a new-technology among a population of poten- tial adopters. Our main objective is to analyze the e ect of the strategic interaction of the rms which supply this new technology in a context where production costs decline with cumulated production ( learning by doing e ect ), and where a rm's learning or experience bene ts its rivals ( learning spillover e ect ). To produce a tractable model in a dynamic setting, we adopt a mean- eld-game approach.
Subjects / Keywords
diffusion of a new technology; spill over effect; strategic interaction; mean field game approch