A Model of Technology Selection by Cost Minimizing Producers
提出一组微观经济假设，建立模型解释同质能源产品生产者的技术选择行为，认为技术选择仅以最小化产品成本为目标，且因生产者成本差异，市场会采用多种技术而非单一最低成本技术。
A set of microeconomic assumptions are presented that lead to a model of the technology choices made by producers of a homogenous energy product. Under these assumptions it is possible to model the technology selection decision as being made solely to minimize product cost. Since the cost of producing energy using a particular technology will be different for different producers, a number of technologies will be adopted in the market rather than a single, “least-cost” technology.