Heterogeneity of demand and product innovation

This paper discusses the relationship between heterogeneity of demand regarding choice procedures and product innovation. We propose an evolutionary model showing how consumers with imperfect information chose and select differentiated goods. The model shows the role of information and choice proce...

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Bibliographic Details
Main Authors: Thiago Caliari, Ricardo Machado Ruiz, Marco Valente
Format: article
Language:EN
PT
Published: Universidade de São Paulo 2017
Subjects:
Online Access:https://doaj.org/article/7af7131bc054403cb82950c736e2e576
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