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Rheinische Friedrich-Wilhelms-Universität Bonn >
Bonn Graduate School of Economics (BGSE), Universität Bonn >
Bonn Econ Discussion Papers, Bonn Graduate School of Economics (BGSE), Universität Bonn >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/22954
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Hohnisch, Martin | | en_US |
| dc.contributor.author | | Pittnauer, Sabine | | en_US |
| dc.contributor.author | | Stauffer, Dietrich | | en_US |
| dc.date.accessioned | | 2009-01-29T15:11:21Z | | - |
| dc.date.available | | 2009-01-29T15:11:21Z | | - |
| dc.date.issued | | 2006 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/22954 | | - |
| dc.description.abstract | | A model of new-product diffusion is proposed in which a site-percolation dynamics represents socially-driven diffusion of knowledge about the product?s characteristics in a population of potential buyers. A consumer buys the new product if her valuation of it is not below the price of the product announced by the firm in a given period. Our model attributes the empirical finding of a delayed ?take-off? of a new product to a drift of the percolation dynamics from a non-percolating regime to a percolating regime. This drift is caused by learning-effects lowering the price of the product, or by network-effects increasing its valuation by consumers, with an increasing number of buyers. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.relation.ispartofseries | | Bonn econ discussion papers 2006,9 | | en_US |
| dc.subject.jel | | L15 | | en_US |
| dc.subject.jel | | C15 | | en_US |
| dc.subject.jel | | O33 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | new-product diffusion | | en_US |
| dc.subject.keyword | | innovation adoption | | en_US |
| dc.subject.keyword | | spatial stochastic processes | | en_US |
| dc.subject.keyword | | percolation | | en_US |
| dc.title | | A Percolation-Based Model Explaining Delayed Take-Off in New-Product Diffusion | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 514470690 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | Bonn Econ Discussion Papers, Bonn Graduate School of Economics (BGSE), Universität Bonn
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