2018
DOI: 10.2139/ssrn.3302358
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The Value of Information in Technology Adoption: Theory and Evidence from Bangladesh

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Cited by 11 publications
(8 citation statements)
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“…This is rational, given the fact that the markets for innovative technologies are not perfect. A recent study by Islam et al (2019) also shows that the more accuracy and reliability of information transmission about the quality of technology circulated, the higher probability farmers adopt it. Therefore, in the second-stage estimation of the ETPR model, we identify the impact of Internet use on SAP adoption.…”
Section: The Etpr Modelmentioning
confidence: 99%
See 1 more Smart Citation
“…This is rational, given the fact that the markets for innovative technologies are not perfect. A recent study by Islam et al (2019) also shows that the more accuracy and reliability of information transmission about the quality of technology circulated, the higher probability farmers adopt it. Therefore, in the second-stage estimation of the ETPR model, we identify the impact of Internet use on SAP adoption.…”
Section: The Etpr Modelmentioning
confidence: 99%
“…Information access through Internet use enables rural farmers to identify and process the information on the sustainable agricultural technologies, through the mechanism of their awareness of the benefits associated with new technologies (Islam et al 2019;Kiiza and Pederson 2012;Ogutu et al 2014). This is rational, given the fact that the markets for innovative technologies are not perfect.…”
Section: The Etpr Modelmentioning
confidence: 99%
“…The adoption theory is concerned with technology. The Adoption Theory states that the availability of a technology will lead to a greater utilization of it (Islam et al, 2018).…”
Section: Theoretical and Conceptual Backgroundmentioning
confidence: 99%
“…In various situations, individuals make binary choices, in which the benefits and costs are not perfectly known, while being also influenced by social interactions. For instance, the decisions to engage in risky health behaviour (Cawley & Ruhm, 2011;Hsieh & van Kippersluis, 2018), to commit crime (Becker, 1968;Damm & Dustmann, 2014), to adopt an agricultural technology (Bandiera & Rasul, 2006;Conley & Udry, 2010;Islam et al, 2018), to migrate (Borjas, 1999;Munshi, 2003), to participate in a retirement or other social program (Duflo & Saez, 2003, Dahl et al, 2014 are made without fully knowing the benefits or costs of these choices and are heavily affected by others' decisions. In these environments, a "local shock" that reveals information about the benefits or costs of the binary choice at hand may trigger agents to make a decision.…”
Section: Introductionmentioning
confidence: 99%