Rational Expectations, Optimal Control and Information Technology Adoption

• Main Authors: AU, Yoris A., KAUFFMAN, Robert J.
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2005
• 主題: Adaptive learning; adoption; bounded rationality; economic theory; network externalities; optimal control; rational expectations; technology adoption; Computer Sciences; Management Information Systems
• 在線閱讀: https://ink.library.smu.edu.sg/sis_research/2139; http://dx.doi.org/10.1007/s10257-005-0048-8

The existing economics and IS literature on technology adoption often considers network externalities as one of the main factors that affect adoption decisions. It assumes that potential adopters achieve a certain level of expectations about network externalities when they have to decide whether to...