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The diffusion of policy innovations -an experimental investigation

โœ Scribed by Jean-Robert Tyran; Rupert Sausgruber


Publisher
Springer-Verlag
Year
2005
Tongue
English
Weight
144 KB
Volume
15
Category
Article
ISSN
0936-9937

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๐Ÿ“œ SIMILAR VOLUMES


Quality and the diffusion of innovations
โœ Fouad El Ouardighi; Charles S. Tapiero ๐Ÿ“‚ Article ๐Ÿ“… 1998 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 601 KB

In this paper, we solve the problem of optimal control of products diffusion by quality in a context of monopolistic competition. To do so, we introduce a dynamic demand function leaning on two hypotheses: first, price acts a signal of quality; second, demand is more sensitive to quality than to pri