# The Timing of New Technology Adoption: The Case of MRI

“The Timing of New Technology Adoption: The Case of MRI” (2025), by Philipp Schmidt‐Dengler. Economics research paper. Original abstract below, unchanged. No free PDF was found.

- Authors: Philipp Schmidt‐Dengler
- Published: November 11, 2025
- Field: Economics
- DOI: https://doi.org/10.1111/1756-2171.70022
- Source: https://doi.org/10.1111/1756-2171.70022

## Abstract

This paper studies the adoption of nuclear magnetic resonance imaging (MRI) by US hospitals. I consider a timing game of new technology adoption. The dynamic game takes timing decisions and strategic interaction into account. Using a panel data set of US hospitals, cross sectional variation in adoption times, market structure and demand is exploited to recover the profit and cost parameters. In counterfactuals, I quantify to what extent the timing of adoption is caused by a preemptive motive. I find a small but significant effect of preemptive motives, which are weakened by firm asymmetry.

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