메뉴 건너뛰기




Volumn 28, Issue 3, 1997, Pages 407-425

Herd behavior, the "penguin effect," and the suppression of informational diffusion: An analysis of informational externalities and payoff interdependency

(1)  Choi, Jay Pil a  

a NONE

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0040007877     PISSN: 07416261     EISSN: None     Source Type: Journal    
DOI: 10.2307/2556022     Document Type: Article
Times cited : (96)

References (31)
  • 2
    • 84962698725 scopus 로고
    • The economic implications of learning-by-doing
    • ARROW, K.J. "The Economic Implications of Learning-by-Doing." Review of Economic Studies, Vol. 29 (1962), pp. 155-173.
    • (1962) Review of Economic Studies , vol.29 , pp. 155-173
    • Arrow, K.J.1
  • 3
    • 84960565609 scopus 로고
    • A simple model of herd behavior
    • BANERJEE, A.V. "A Simple Model of Herd Behavior." Quarterly Journal of Economics, Vol. 107 (1992), pp. 797-817.
    • (1992) Quarterly Journal of Economics , vol.107 , pp. 797-817
    • Banerjee, A.V.1
  • 4
    • 0011258412 scopus 로고
    • AM versus FM: The battle of the bands
    • BESEN, S.M. "AM Versus FM: The Battle of the Bands." Industrial and Corporate Change, Vol. 1 (1992), pp. 375-396.
    • (1992) Industrial and Corporate Change , vol.1 , pp. 375-396
    • Besen, S.M.1
  • 5
    • 0000284560 scopus 로고
    • Portfolio choice in research and development
    • BHATTACHARYA, S. AND MOOKHERJEE, D. "Portfolio Choice in Research and Development." RAND Journal of Economics, Vol. 17 (1986), pp. 594-605.
    • (1986) RAND Journal of Economics , vol.17 , pp. 594-605
    • Bhattacharya, S.1    Mookherjee, D.2
  • 6
    • 27744568768 scopus 로고
    • A theory of fads, fashion, custom, and cultural change as informational cascades
    • BIKHCHANDANI, S., HIRSHLEIFER, D., AND WELCH, I. "A Theory of Fads, Fashion, Custom, and Cultural Change as Informational Cascades." Journal of Political Economy, Vol. 100 (1992), pp. 992-1026.
    • (1992) Journal of Political Economy , vol.100 , pp. 992-1026
    • Bikhchandani, S.1    Hirshleifer, D.2    Welch, I.3
  • 7
    • 0000031466 scopus 로고
    • Business as usual, market crashes, and wisdom after the fact
    • CAPLIN, A. AND LEAHY, J. "Business as Usual, Market Crashes, and Wisdom After the Fact." American Economic Review, Vol. 84 (1994), pp. 548-565.
    • (1994) American Economic Review , vol.84 , pp. 548-565
    • Caplin, A.1    Leahy, J.2
  • 8
    • 0003402652 scopus 로고
    • Harvard Institute of Economic Research Discussion Paper Series no. 1665/Mimeo, Department of Economics, Harvard University
    • _ AND _. "Miracle on Sixth Avenue: Information Externalities and Search." Harvard Institute of Economic Research Discussion Paper Series no. 1665/Mimeo, Department of Economics, Harvard University, 1993a.
    • (1993) Miracle on Sixth Avenue: Information Externalities and Search
  • 9
    • 2742569416 scopus 로고
    • Harvard Institute of Economic Research Discussion Paper Series no. 1666
    • _ AND _. "Mass Layoffs and Unemployment." Harvard Institute of Economic Research Discussion Paper Series no. 1666, 1993b.
    • (1993) Mass Layoffs and Unemployment
  • 10
    • 0000756428 scopus 로고
    • Information revelation and strategic delay in a model of investment
    • CHAMLEY, C. AND GALE, D. "Information Revelation and Strategic Delay in a Model of Investment." Econometrica, Vol. 62 (1994), pp. 1065-1086.
    • (1994) Econometrica , vol.62 , pp. 1065-1086
    • Chamley, C.1    Gale, D.2
  • 11
    • 21844523701 scopus 로고
    • Irreversible choice of uncertain technologies with network externalities
    • CHOI, J.P. "Irreversible Choice of Uncertain Technologies with Network Externalities." RAND Journal of Economics, Vol. 25 (1994), pp. 382-401.
    • (1994) RAND Journal of Economics , vol.25 , pp. 382-401
    • Choi, J.P.1
  • 12
    • 0030242174 scopus 로고    scopus 로고
    • Standardization and experimentation: Ex Ante vs. Ex post standardization
    • _. "Standardization and Experimentation: Ex Ante vs. Ex Post Standardization." European Journal of Political Economy, Vol. 12 (1996), pp. 273-290.
    • (1996) European Journal of Political Economy , vol.12 , pp. 273-290
  • 13
    • 58749099370 scopus 로고
    • The simple economics of research portfolios
    • DASGUPTA, P. AND MASKIN, E. "The Simple Economics of Research Portfolios." Economic Journal, Vol. 97 (1987), pp. 587-595.
    • (1987) Economic Journal , vol.97 , pp. 587-595
    • Dasgupta, P.1    Maskin, E.2
  • 14
    • 0002642594 scopus 로고
    • Standardization, compatibility, and innovation
    • FARRELL, J. AND SALONER, G. "Standardization, Compatibility, and Innovation." RAND Journal of Economics, Vol. 16 (1985), pp. 70-83.
    • (1985) RAND Journal of Economics , vol.16 , pp. 70-83
    • Farrell, J.1    Saloner, G.2
  • 15
    • 0000150059 scopus 로고
    • Installed base and compatibility: Innovation, product preannouncements, and predation
    • _ AND _. "Installed Base and Compatibility: Innovation, Product Preannouncements, and Predation." American Economic Review, Vol. 76 (1986), pp. 940-955.
    • (1986) American Economic Review , vol.76 , pp. 940-955
  • 16
    • 0002098717 scopus 로고
    • Competition, compatibility, and standards: The economics of horses, penguins and lemmings
    • H.L. Gabel, ed., Amsterdam: NorthHolland
    • _ AND _. "Competition, Compatibility, and Standards: The Economics of Horses, Penguins and Lemmings." In H.L. Gabel, ed., Product Standardization and Competitive Strategy. Amsterdam: NorthHolland, 1987.
    • (1987) Product Standardization and Competitive Strategy
  • 17
    • 0001840079 scopus 로고
    • Coordination through committees and markets
    • _ AND _. "Coordination Through Committees and Markets." RAND Journal of Economics, Vol. 19 (1988), pp. 235-252.
    • (1988) RAND Journal of Economics , vol.19 , pp. 235-252
  • 18
    • 0000072970 scopus 로고
    • A signal-jamming theory of predation
    • FUDENBERG, D. AND TIROLE, J. "A Signal-Jamming Theory of Predation." RAND Journal of Economics, Vol. 17 (1986), pp. 366-376.
    • (1986) RAND Journal of Economics , vol.17 , pp. 366-376
    • Fudenberg, D.1    Tirole, J.2
  • 20
    • 84925907691 scopus 로고
    • A Bayesian approach to the production of information and learning by doing
    • GROSSMAN, S.J., KIHLSTROM, R.E., AND MIRMAN, L.J. "A Bayesian Approach to the Production of Information and Learning by Doing." Review of Economic Studies, Vol. 44 (1977), pp. 533-547.
    • (1977) Review of Economic Studies , vol.44 , pp. 533-547
    • Grossman, S.J.1    Kihlstrom, R.E.2    Mirman, L.J.3
  • 21
    • 0040791065 scopus 로고
    • The trouble with communications
    • June 29
    • HOWARD, W. "The Trouble with Communications." PC Magazine, June 29, 1993.
    • (1993) PC Magazine
    • Howard, W.1
  • 22
    • 84936407456 scopus 로고
    • Technology adoption in the presence of network externalities
    • KATZ, M. AND SHAPIRO, C. "Technology Adoption in the Presence of Network Externalities." Journal of Political Economy, Vol. 94 (1986), pp. 822-841.
    • (1986) Journal of Political Economy , vol.94 , pp. 822-841
    • Katz, M.1    Shapiro, C.2
  • 24
    • 0000965252 scopus 로고
    • Is the market biased against risky R&D?
    • KLETTE, T. AND DE MEZA, D. "Is the Market Biased against Risky R&D?" RAND Journal of Economics, Vol. 17 (1986), pp. 133-139.
    • (1986) RAND Journal of Economics , vol.17 , pp. 133-139
    • Klette, T.1    De Meza, D.2
  • 25
    • 0011619813 scopus 로고
    • Standards and innovation: The hidden synergy
    • J. Miller, ed., Amsterdam: North-Holland
    • LIFCHUS, I.M. "Standards and Innovation: The Hidden Synergy." In J. Miller, ed., Telecommunications and Equity. Amsterdam: North-Holland, 1986.
    • (1986) Telecommunications and Equity
    • Lifchus, I.M.1
  • 26
    • 0001790929 scopus 로고
    • Imperfect information and dynamic conjectural variations
    • RIORDAN, M. "Imperfect Information and Dynamic Conjectural Variations." RAND Journal of Economics, Vol. 16 (1985), pp. 41-50.
    • (1985) RAND Journal of Economics , vol.16 , pp. 41-50
    • Riordan, M.1
  • 27
    • 0000140668 scopus 로고
    • Learning and capacity expansion under demand uncertainty
    • ROB, R. "Learning and Capacity Expansion Under Demand Uncertainty." Review of Economic Studies, Vol. 58 (1991), pp. 655-675.
    • (1991) Review of Economic Studies , vol.58 , pp. 655-675
    • Rob, R.1
  • 31
    • 84934454319 scopus 로고
    • Investment as a process of search
    • ZEIRA, J. "Investment as a Process of Search." Journal of Political Economy, Vol. 95 (1987), pp. 204-210.
    • (1987) Journal of Political Economy , vol.95 , pp. 204-210
    • Zeira, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.