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Traditionally the price discovery is measured by information share (IS) and component share (CS) measures. Recently, Putnins (2013) proposed another measure called information leadership share (ILS) measure based on IS and CS measures. This paper performs an evaluation of ILS and finds some...
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structure and diffusion. This paper introduces the concept of stochastic dominance, explains the theory linking stochastic … dominance and diffusion, and applies this theory to a number of diffusion studies in the literature. The paper illustrates how … the theory connects observations from different disciplines, and details when and how those observations can be …
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The paper studies the impact of homophily on the optimal strategies of a monopolist, whose marketing campaign of new product relies on a word of mouth communication. Homophily is a tendency of people to interact more with those who are similar to them. In the model there are two types of...
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