Market Diffusion with Consumer-Based Bilateral Learning

Material type: 文書・図像類

Author: Kitamura, Hiroshiほか

Publisher: Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University

Publication date: 2011-09

Material Format: Paper

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Note (General)：: * Revised: [09-13, 2009]This paper analyzes the market diusion of a new product whose quality is uncertain.Consumers learn the product quality by obse...

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Paper

Material Type: 文書・図像類
Title: Market Diffusion with Consumer-Based Bilateral Learning
Author/Editor: Kitamura, Hiroshi
Miyaoka, Akira
Author Heading: Kitamura, Hiroshi
https://nrid.nii.ac.jp/nrid/1000030582415
Miyaoka, Akira
Publication, Distribution, etc.: Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
Publication Date: 2011-09
Publication Date (W3CDTF): 2011-09
Periodical title: Discussion Papers In Economics And Business
No. or year of volume/issue: 09-13-Rev.
Volume: 09-13-Rev.
Text Language Code: eng
Subject Heading: Experience Goods
Quality Uncertainty
Bilateral Learning
S-shaped Diusion
Target Audience: 一般
Note (General): * Revised: [09-13, 2009]
This paper analyzes the market diusion of a new product whose quality is uncertain.Consumers learn the product quality by observing the history of market outcomes.Firms cannot observe how consumers evaluate the product quality; instead, they learn byobserving consumer behavior. New entry occurs gradually because of informational externalities.This dual uncertainty contributes to an S-shaped diusion of the new productwith declining prices.
Periodical Title (NCID): AA1160366X
https://ci.nii.ac.jp/ncid/AA1160366X
References (URI): URI
http://www2.econ.osaka-u.ac.jp/library/global/dp/0913R.pdf
Data Provider (Database): 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）
https://irdb.nii.ac.jp
Original Data Provider (Database): 大阪大学 : 大阪大学学術情報庫　桜華