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I show how irrational ideas and rumors can drive asset prices - not because anyone believes them, but because they are commonly known without being common knowledge. The phenomenon is driven by short-term market participants who are well-informed about the information that others have, and who...
Persistent link: https://www.econbiz.de/10012304729
Using quarterly data of 58 countries, this paper provides empirical evidence that mobile phone diffusion from 2007 to … countries' networks by using international roaming services or imported handsets. We define international network effects as the …). In addition, we test if the impact on mobile phone diffusion differs whether technologies are local or global standards …
Persistent link: https://www.econbiz.de/10011433040
The purpose of this paper is to illuminate the geographical diffusion of photovoltaic installations in Germany …
Persistent link: https://www.econbiz.de/10011545991
This survey reviews the literature on firm dynamics, innovation and growth aiming to better understand the main channels through which innovation affects the performance of modern economies. Since innovations fundamentally diffuse through a complex process of firm and product creation and...
Persistent link: https://www.econbiz.de/10012793167
success of companies such as Snapchat, Skype WhatsApp, Twitter or Spotify.. Understanding the rapid international diffusion of …, pictures music and voice, and because of the increasingly fast mobile access networks, Mobile Social Networking adoption … choices are also affected by indirect network externalities due to the diffusion of smartphones, the complementary commodities …
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Airport operators, planners and regulatory agencies to measure the economic contribution of an airport to its local and regional surroundings, frequently use economic impact studies. The most common methods to measure airport economic impacts have been the Input-Output method, the Collection of...
Persistent link: https://www.econbiz.de/10011529517
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