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The acquisition of information and the adoption of new technology (Inglés)

A dynamic model of diffusion of a new technology involving a variable input highlights the role of information accumulation and distinguishes between active gathering of information, which entails costs, and passive gathering of information, which takes place in an autonomous manner. The model generates a number of hypotheses regarding the likely pattern of adoption and use of the variable input over time by farmers of differing holding sizes and...
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INFORMACIÓN

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