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This dissertation explores how consumers learn from repeated experiences with a product offering. It develops a new Bayesian consumer learning model, the unstable learning model. This model expands on existing models that explore learning when quality is stable, by considering when quality is...
Persistent link: https://www.econbiz.de/10009475416
the hitherto unexplored real options setting. Real options have emerged as an important part of marketing strategy, and …
Persistent link: https://www.econbiz.de/10009475473