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To examine cross-country diffusion of new products, marketing researchers have to rely on a multivariate product growth …
Persistent link: https://www.econbiz.de/10011348703
The novelty of our model is to combine models of collective action on networks with models of social learning. Agents are connected according to an undirected graph, the social network, and have the choice between two actions: either to adopt a new behavior or technology or stay with the default...
Persistent link: https://www.econbiz.de/10010227321
generalized extreme value distribution. The diffusion coefficient of an opinion increases linearly with the number of opinions …
Persistent link: https://www.econbiz.de/10010882958
Many explanations for the sigmoid or S-shaped curves that characterize the diffusion of innovations through time have … underlying social forces that structure diffusion through both space and time. Using historic New England gravestones and their … among consumers can generate both wave-like diffusion patterns through space and lead to the persistence of cultural …
Persistent link: https://www.econbiz.de/10009653116
In this paper, we consider the following nonlinear single species diffusive system \begin{eqnarray*} \dot{x}_i(t)&=& x_i(t)\left(b_i(t)-\sum_{k=1}^{l_i}a_{ik}(t)(x_i(t))^{\beta_{ik}}\right)\\ && +\,\sum_{j=1}^{n}D_{ij}(t)(x_j(t)-x_i(t)),\quad (i,j=1,2,\ldots,n), \end{eqnarray*} where bi(t),...
Persistent link: https://www.econbiz.de/10004977708
An earlier study [24] concluded, based on computer simulations and some inferences from empirical data, that languages will change the more slowly the larger the population gets. We replicate this study using a more complete language model for simulations (the Schulze model combined with a...
Persistent link: https://www.econbiz.de/10005047488
Monte Carlo simulations of a Sznajd model show that if a near-consensus is formed out of four initially equally widespread opinions, the one which at intermediate times is second in the number of adherents usually loses out against the third-placed opinion.
Persistent link: https://www.econbiz.de/10005047499
Persistent link: https://www.econbiz.de/10008809182
We investigate the nature of market failure in a dynamic version of Akerlof (1970) where identical cohorts of a durable good enter the market over time. In the dynamic model, equilibria with qualitatively different properties emerge. Typically, in equilibria of the dynamic model, sellers with...
Persistent link: https://www.econbiz.de/10011303313
We investigate the nature of the adverse selection problem in a market for adurable goodwhere trading and entry of new buyers and sellers takes place in continuoustime. In thecontinuous time model equilibria with properties that are qualitativelydifferent from thestatic equilibria, emerge....
Persistent link: https://www.econbiz.de/10011304379