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Assessing the Impact of XML/EDI with Real Option Valuation

von Dr. Shermin Voshmgir

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[1.] Svr/Fragment 101 01 - Diskussion
Zuletzt bearbeitet: 2020-05-30 21:32:02 [[Benutzer:|]]
Bass 1969, BauernOpfer, Fragment, Gesichtet, SMWFragment, Schutzlevel sysop, Svr

Typus
BauernOpfer
Bearbeiter
SleepyHollow02
Gesichtet
Yes.png
Untersuchte Arbeit:
Seite: 101, Zeilen: 1-8
Quelle: Bass 1969
Seite(n): 215, 216, 226, Zeilen: 215: 8 ff.; 216: 1 f.; 226: 23 ff.
Bass (1969) developed a growth model for the timing of initial purchase of new products and empirically tested it against data of eleven consumer durables. The basic assumption of his model is that the probability of purchase at any time is related linearly to the number of previous buyers. The model implies exponential growth of initial purchases to a peak and then exponential decay. Innovative and imitative behavior is the underlying behavioral rationale for the model. According to Bass Innovators are individuals who decide to adopt an innovation independently of the decision of other individuals in a social system.

Bass, F.M. 1969, “A new Product Growth for Model Consumer Durables”, Management Science, vol.15, no 5, pp. 215-227 (January 1969).

[page 215, Abstract]
A growth model for the timing of initial purchase of new products is developed and tested empirically against data for eleven consumer durables. The basic assumption of the model is that the timing of a consumer’s initial purchase is related to the number of previous buyers. A behavioral rationale for the model is offered in terms of innovative and imitative behavior. [...]

[page 216]

Some individuals decide to adopt an innovation independently of the decisions of other individuals in a social system.

[page 226]

Conclusion

The growth model developed in this paper for the timing of initial purchase of new products is based upon an assumption that the probability of purchase at any time is related linearly to the number of previous buyers. There is a behavioral rationale for this assumption. The model implies exponential growth of initial purchases to a peak and then exponential decay.

Anmerkungen

The source is given, but no quotation marks are used. It does not become clear to the reader that the author uses Bass' words almost completely without adding any own content.

Sichter
(SleepyHollow02) Schumann



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Letzte Bearbeitung dieser Seite: durch Benutzer:Schumann, Zeitstempel: 20200120164924