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In this article we put forward a model where aggregate sales are a function of the online search of potential consumers at many locations. We argue that a location may be influential because of its power to drive aggregate sales and this power may be dynamic and evolving in time. Second, the...
Persistent link: https://www.econbiz.de/10010731176
In many cases, the benefit to a consumer of a product increases with the number of other users of the same product. These demand interdependencies are referred to in the literature as positive demand externalities or network externalities. This paper examines the dynamic pricing behaviors of an...
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) diffusion of new products. We present the first consumer study to provide evidence that the latter two suggestions are justified …
Persistent link: https://www.econbiz.de/10005716549
In this article we put forward a model where aggregate sales are a function of the online search of potential consumers at many locations. We argue that a location may be influential because of its power to drive aggregate sales and this power may be dynamic and evolving in time. Second, the...
Persistent link: https://www.econbiz.de/10008484113