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An evolutionary model of the product life cycle is applied to derive the experience curve and the market size of (expensive) durable goods. The experience (learning) curve suggests that the real costs per unit decrease with an increasing cumulative output (Henderson's law). Based on the idea...
Persistent link: https://www.econbiz.de/10010309316
We analyze the strategic behavior of firms when demand is determined by a rule of thumb behavior of consumers. We assume consumer dynamics where individual consumers follow simple behavioral decision rules governed by imitation and habit as suggested in consumer research. On this basis, we...
Persistent link: https://www.econbiz.de/10010270001
Genaue Prognosen von Absatzmöglichkeiten und Marktpotenzialen für Innovationen können heute ein entscheidender Faktor sein, um sich auf dem Markt zu behaupten. Zur Sicherung des langfristigen Unternehmenserfolgs sind im Zeitablauf produkt- und sortimentspolitische Entscheidungen zu treffen....
Persistent link: https://www.econbiz.de/10010308754
Estimating the response of hours worked to technology shocks is often considered as a crucial step for evaluating the … estimated using a VAR, and retrieve alternative nonfundamental representations of the relation between technology shocks and … conditioning on a technology shock. This result is more robust than the results by Christiano et al. [2004], because it is …
Persistent link: https://www.econbiz.de/10010328611
Persistent link: https://www.econbiz.de/10010334868
the effects of an agreement where the more advanced firm shares its technology with the inferior one. We show that the …
Persistent link: https://www.econbiz.de/10010271093
In this paper we study two closely related issues. First, the role of technology heterogeneity and diffusion in the … pattern of the observed regional heterogeneity in technology and the relevance of this pattern for the econometric analysis of … regions is due to convergence in technology as well as to convergence in capital-labour ratios. We first develop a growth …
Persistent link: https://www.econbiz.de/10011608798
This paper examines how product market competition affects firms' timing of adopting a new technology as well as …
Persistent link: https://www.econbiz.de/10010265992
We investigate the effect of market structure on market performance in the market for consumer electronics. This research is novel, because we exploit product life cycle information to build an instrumental variable for the number of firms in a market, a variable which hitherto had to be treated...
Persistent link: https://www.econbiz.de/10010307832
Halbleiterindustrie. Zusätzlich berücksichtigen wir explizit die Dynamik über den Produktlebenszyklus. Unsere Ergebnisse zeigen, daß diese … zeigen, daß (ii) Lerneffekte, Skalenerträge und Spillovereffekte über den Produktlebenszyklus variieren. Lerneffekte sind am … Ende des Produktlebenszyklus größer, wenn neue Produkttechnologien entwickelt werden. Skalenerträge sind zunehmend und …
Persistent link: https://www.econbiz.de/10010330111