Sprayed to Death: Path Dependence, Lock-In and Pest Control Strategies

@inproceedings{Cowan1996SprayedTD,
  title={Sprayed to Death: Path Dependence, Lock-In and Pest Control Strategies},
  author={Robin Cowan and Philip Paul Gunby},
  year={1996}
}
Theoretical literature on the economics of technology has emphasized the effects on technological trajectories of positive feedbacks. In a competition among technologies that all perform a similar function, the presence of increasing returns to adoptions can force all but one technology from the market. Furthermore, the victor need not be the superior technology. This paper provides an empirical study of one technological competition which illuminates this theoretical work. It uses theoretical… CONTINUE READING

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