Genesove.

PositionEconomist - Brief Article

Genesove shows that the move to offset printing from letterpress in the daily newspaper industry in the United States was determined in part by the structure of the local market. In monopoly markets, low circulation papers were quicker to adopt the new technology than high circulation papers; in duopoly markets the ranking was reversed. Genesove further shows that adoption of newer technology was at least partially...

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