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    <title>deployment of sustainable technology</title>
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      <title>Why Do We Hesitate to Take Action Toward Implementation of Sustainable Technology</title>
      <link>http://popups.lib.uliege.be/1373-5411/index.php?id=4478</link>
      <description>This paper presents a system dynamics model which shows that there seem to be rational reasons for hesitation to invest in resource-saving projects. In contrast to classical marketing approaches dealing with decreasing resource and product prices a new kind of follower advantages in a market of increasing resource prices may constitute a waiting game which in turn can significantly delay the deployment of sustainable technologies. This new kind of follower advantages and the related hesitation to introduce a potential resource-saving new technology may be significant when anticipating the market diffusion of such a technology or designing policy to foster green economy. A price shock of resources, as shown by model simulations, might be a possible way to switch back from such a waiting game to a preemption game. </description>
      <pubDate>Fri, 11 Oct 2024 12:03:11 +0200</pubDate>
      <lastBuildDate>Fri, 11 Oct 2024 12:03:22 +0200</lastBuildDate>
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