Showing 1 - 10 of 625
This paper considers a model of observational learning in social networks. Every period, the agents observe the actions of their neighbors and their realized outcomes, and they imitate the most successful. First, we study the case where the network has finite population and we show that,...
Persistent link: https://www.econbiz.de/10011108866
innovation and diffusion. People are endowed with a set of skills obtained from their parents or neighbours, but those skills are … process of diffusion whereby high-income activities spread at the expense of low-income activities. An analytic formula is … asymptotic limit, whereupon there are no scale effects. The model also predicts that if the rate of diffusion of knowledge is …
Persistent link: https://www.econbiz.de/10005837089
This paper develops a growth model to provide a theoretical explanation of the environmental Kuznets curve (EKC). Paper explains how EKC is shaped with economic development for a given technology. The EKC result arises in two ways – it can be observed from a single technology that matures and...
Persistent link: https://www.econbiz.de/10008805882
the 1980s, innovation and diffusion of new technologies provide with a greater stimulus to productivity growth, but the … on innovation and economic growth, the technology-gap approach and the Kaldorian theory of cumulative causation. The …
Persistent link: https://www.econbiz.de/10008765933
We propose a difference-differential equation that reflects interactions between innovation and imitation processes to …: the "logistic" shape of diffusion curves and the stable form of production capacities distribution by efficiency levels …
Persistent link: https://www.econbiz.de/10008468150
process consists of first purchase and repurchase. First purchase is determined by the market penetration process (diffusion … (Juglar cycles) having its origin in the initial diffusion process. The theory suggests that there exists two diffusion … processes. The first can be described by Bass diffusion and is related to the information spreading process within the social …
Persistent link: https://www.econbiz.de/10009295261
spreadsheet market, finding it to be the only significant internal influence on diffusion. However, when we allow for negative … market, piracy did not contribute to diffusion and only eroded legal sales. …
Persistent link: https://www.econbiz.de/10011107736
The diffusion of knowledge generates positive externalities if knowledge flows increase the productivity of Research … spillover effect of knowledge diffusion depends on the similarity of research activities by the originator and recipient of the …
Persistent link: https://www.econbiz.de/10011109575
logistic diffusion curve) and four types of imperfectly competitive behaviour — monopolistic intertemporal profit maximization …-shaped diffusion curve is derived and drawn. …
Persistent link: https://www.econbiz.de/10011156986
the spread of voting participation under the influence of social conformity is developed based on the diffusion equation …
Persistent link: https://www.econbiz.de/10011257808