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Consumer preference changes in the logit demand model

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Capacity constraints and beliefs about demand

Vikander, Nick - 2010

demand. It looks at a market with social effects where consumers want to do what is popular, to buy what they believe others … certain naive consumers into believing that demand is greater than it actually is. This will in turn increase the willingness … demand is lower than expected, even when the number of naive consumers is arbitrarily small. …

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