Ching, Andrew; Erdem, Tülin; Keane, Michael P. - 2016 - Revised July 16, 2016
mechanism whereby past product purchases affect a person's current evaluation of the utility he/she will obtain from buying a … current purchases: learning, habit persistence, and inventory dynamics. This work has been reviewed extensively in papers by … network members (“social learning”), experience with related products (“correlated learning” or “information spillovers …