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    Late-mover advantage and product diffusion

    Kapur, Sandeep (1993) Late-mover advantage and product diffusion. Economics Letters 43 (1), pp. 119-123. ISSN 0165-1765.

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    The diffusion of a new product, the price of which is expected to fall progressively, is modelled as a sequence of Wars of Attrition. The likely pattern of diffusion is found to be reasonably consistent with the empirically observed S-shape.


    Item Type: Article
    School: Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School
    Depositing User: Sarah Hall
    Date Deposited: 07 Jul 2020 12:07
    Last Modified: 02 Aug 2023 18:00


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