- Tytuł:
- Linking Consumer Opinions with Reservation Prices in an Agent-Based Model of Innovation Diffusion
- Autorzy:
-
Kowalska-Pyzalska, A.
Ćwik, K.
Jędrzejewski, A.
Sznajd-Weron, K. - Powiązania:
- https://bibliotekanauki.pl/articles/1398895.pdf
- Data publikacji:
- 2016-05
- Wydawca:
- Polska Akademia Nauk. Instytut Fizyki PAN
- Tematy:
-
89.65.Gh
87.23.Ge - Opis:
- We extend a recently developed agent-based model of innovation diffusion by linking the opinions of potential consumers with their market behavior via the concept of reservation prices. Through a dynamic mechanism that takes into account social influence, the agents in our model can both increase or decrease their product appraisal. Considering complete graph network structures and using mean-field treatment we find that the model can exhibit a plethora of scenarios, observed empirically but not attainable within the classical Bass model. We also show the existence of a critical market price above which the innovation cannot diffuse.
- Źródło:
-
Acta Physica Polonica A; 2016, 129, 5; 1055-1059
0587-4246
1898-794X - Pojawia się w:
- Acta Physica Polonica A
- Dostawca treści:
- Biblioteka Nauki