Consumers' Evaluation of New Products: Learning from Self and Others.

S-Tier
Journal: Journal of Political Economy
Year: 1996
Volume: 104
Issue: 4
Pages: 683-703

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

When offered a new product whose attributes are unknown, customers can determine whether they like the product by trying it themselves or can wait to observe the experience of other customers who try the product. The authors specify a rational decision process and investigate the implications of learning from others on the sales of new products and the impact of advertising. Copyright 1996 by University of Chicago Press.

Technical Details

RePEc Handle
repec:ucp:jpolec:v:104:y:1996:i:4:p:683-703
Journal Field
General
Author Count
2
Added to Database
2026-01-26