Observational Learning and Demand for Search Goods
نویسندگان
چکیده
منابع مشابه
Observational Learning and Demand for Search Goods
In many differentiated good markets like music, books, and movies, the choice set of available products is overwhelmingly large, with many new products flowing into the market each week. Consumers are not aware of or are poorly informed about many of the available products. They learn about products and their preferences for them from the search and purchasing decisions of other consumers and t...
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In many differentiated good markets like music, books, and movies, the choice set of available products is overwhelmingly large and growing as new products flow into the market each month. Consumers are not aware or poorly informed about many of the available products. They learn about the products and their preferences for them from the purchasing decisions of other consumers and through costl...
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ژورنال
عنوان ژورنال: American Economic Journal: Microeconomics
سال: 2012
ISSN: 1945-7669,1945-7685
DOI: 10.1257/mic.4.1.1