HIGHLIGHTS
- who: Blockchain et al. from the State University, USA have published the paper: DOI: 10.4018/IJORIS.2020100101 1, in the Journal: (JOURNAL)
- what: Next the model is extended by incorporating two types of subsidies (i.e. a fixed on the switching cost and a variable per unit Through sensitivity analysis and numerical studies the impacts of key parameters on the optimal threshold and expected time of switching are presented.
- how: To facilitate the modeling and analysis the following assumptions are proposed.
- future: Limitations and future research are presented respectively.
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