Chen, Yu-Min; Takada, Hirokazu - In: Empirical Economics 19 (1994) 3, pp. 451-72
The majority of studies concerning diffusion or product growth of consumer durables have treated the U.S. market as a whole and have applied the diffusion model on the assumption that the market exhibits a homogeneous response in its diffusion process. If the market is heterogeneous, however, an...