Showing 1 - 10 of 282
Abstract A growing body of literature has succeeded in explaining the economics of existing open source communities. However, the question why such communities come into existence has so far not been answered satisfactorily. This paper addresses this question with an evolutionary model: software...
Persistent link: https://www.econbiz.de/10014586842
predictions of long-run behavior. We analyze the effects of mutation rates that vary because of the presence of imitation. A full … apply these tools to a series of economic applications, including market games, where imitation can explain excess …
Persistent link: https://www.econbiz.de/10014589068
Abstract We study a model of observational learning in a set of agents who are connected through a social network. The agents face identical decision problems under uncertainty and update their choices myopically, imitating the choice of their most successful neighbor. We show that in finite...
Persistent link: https://www.econbiz.de/10014618849
consumption of creative works. Different types of enforcement can discourage imitation (production-side enforcement), limit …-user piracy and imitation. When weak protection against end-user piracy yields the overproduction of creative works, a high level … of protection against imitation can minimize the related inefficiencies. However, when end-user piracy enforcement …
Persistent link: https://www.econbiz.de/10014618936
Purpose The purpose of this paper is to show that entrepreneurship can be fruitfully analyzed by positing that entrepreneurs are searching for rates of return exceeding the risk-adjusted market rate of return, i.e., they try to create or discover economic rents. Design/methodology/approach A...
Persistent link: https://www.econbiz.de/10014862496
' adoption behavior due to the innovation and the imitation effects. Findings – The innovation effect is more influential for … innovators and opinion leaders than it is for all adopters. However, it diminishes as time passes. Conversely, the imitation … effect becomes a more powerful factor for the early majority, late majority and laggards. The imitation effect in the ICT …
Persistent link: https://www.econbiz.de/10014825443
planner is based on the concept of human arm motion imitation by the robot end-effector. The teleoperation-based real …-time control architecture is used for direct and effective imitation learning. Using this architecture, a self …
Persistent link: https://www.econbiz.de/10014835465
Purpose – The purpose of this study is to understand the pre‐purchase alternative evaluation for prestige and imitation …. Findings – When compared with the imitation product, consumers' pre‐purchase evaluation of the prestige fashion product was …. When compared with the prestige product, consumers' pre‐purchase evaluation of the imitation fashion product was …
Persistent link: https://www.econbiz.de/10014868119
, imitation and innovation in the Chinese context. Design/methodology/approach – Based on the organizational learning theory and … innovation theory, the paper presents a framework linking organizational learning, absorptive capacity, imitation and innovation … results show that both organizational learning and absorptive capacity have positive impacts on innovation; imitation has a …
Persistent link: https://www.econbiz.de/10014697773
, any change in brand name and/or product appearance results in the item’s categorization as an imitation or a counterfeit …, whereas under low typicality conditions, the item may be categorized as either genuine or as imitation or counterfeit …-à-vis counterfeiting and imitation. High typicality brand seems less vulnerable to counterfeiting and imitation. Findings are discussed …
Persistent link: https://www.econbiz.de/10014897102