Rational Expectations, Optimal Control and Information Technology Adoption.

• Main Authors: Au, Y., KAUFFMAN, Robert John
• 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; Databases and Information Systems
• 在線閱讀: https://ink.library.smu.edu.sg/sis_research/2744

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...