Product diffusion, product differentiation and the timing of new product introduction the television and VCR market 1964‐85
作者:
William P. , Putsis Jr,
期刊:
Managerial and Decision Economics
(WILEY Available online 1989)
卷期:
Volume 10,
issue 1
页码: 37-50
ISSN:0143-6570
年代: 1989
DOI:10.1002/mde.4090100105
出版商: John Wiley&Sons, Ltd.
数据来源: WILEY
摘要:
AbstractAn econometric model of the demand and supply of color televisions, black and white televisions and video cassette recorders in the United States from 1964 to 1985 is developed and estimated. Supply and demand parameter estimates are obtained using a simultaneous equation system estimated by three‐stage least squares. The model employed integrates theories of product diffusion from the marketing literature with those of the economic literature on discrete choice. Particular attention is paid to the relationship between product saturation and demand, as well as to supply decisions pertaining to product differentiation and the timing of new product introduction. The central hypothesis that product differentiation and new product introduction are more likely to occur as demands for established products slow at critical saturation levels is supported by the empirical results and actual market occurrence
点击下载:
PDF
(1261KB)
返 回