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Cited by 576

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Nuclear Power Reactors: A Study in Technological Lock-in

Cowan, Robin·1990·The Journal of Economic History

Abstract

Recent theory has predicted that if competing technologies operate under dynamic increasing returns, one, possibly inferior, technology will dominate the market. The history of nuclear power technology is used to illustrate these results. Light water is considered inferior to other technologies, yet it dominates the market for power reactors. This is largely due to the early adoption and heavy development by the U.S. Navy of light water for submarine propulsion. When a market for civilian power emerged, light water had a large head start, and by the time other technologies were ready to enter the market, light water was entrenched.

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Metadata

Authors
Cowan, R.
Venue
The Journal of Economic History
Published
1990-09
Volume
50
Issue
3
Pages
541-567
ISSN
  • 0022-0507 (ISSN-L)
  • 1471-6372
OpenAlex
W2092773742
Cited by
576
References
0
FWCI
3.33
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Nuclear Power Reactors: A Study in Technological Lock-in. https://app.cochat.ai/papers/10.1017/s0022050700037153
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Cowan, R. (1990). Nuclear Power Reactors: A Study in Technological Lock-in. The Journal of Economic History. https://doi.org/10.1017/s0022050700037153

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.