Relating inertia and experience in technology markets: an analysis of households' personal computer choices

C-Tier
Journal: Applied Economics
Year: 2011
Volume: 43
Issue: 29
Pages: 4501-4514

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

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

Abstract

This article empirically analyses how households' PC purchasing behaviours change with market experience. We find that: households generally exhibit inertia in their PC purchases, the level of inertia is increasing as a function of experience on the PC market, and, for households switching brands, the likelihood of buying a lesser-known brand increases with experience, regardless of the brand of the previous purchase. These findings are consistent with the predictions of a simple learning model, and extend our understanding of how market experience affects purchasing behaviour to an important technology product, with implications that may apply to other similar products.

Technical Details

RePEc Handle
repec:taf:applec:v:43:y:2011:i:29:p:4501-4514
Journal Field
General
Author Count
1
Added to Database
2026-01-29