The Proceedings of Design & Systems Conference
Online ISSN : 2424-3078
2005.15
Session ID : 1401
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1401 Decision Making with Incomplete Information and Network Externality in Product Market
Yohei KANEKONariaki NISHINOSobei H. ODAKanji UEDA
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CONFERENCE PROCEEDINGS FREE ACCESS

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Abstract
This paper describes how economic agents behave under incomplete information in product market with network externality. We have analyzed information cascades, the relation between information and satisfaction, and the effect of individual consumer's decision making to the others using economics theory, simulation and subject experiment.
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© 2005 The Japan Society of Mechanical Engineers
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