Substitution, Regulation and Market Penetration

Gideon Fishelson

No 275363, Foerder Institute for Economic Research Working Papers from Tel-Aviv University > Foerder Institute for Economic Research

Abstract: In this study we attempt to demonstrate that market penetration of newly developed technologies or durable goods is slower and to a lower extent compared to those of the initial technology and durable that yielded similar services (color TV vs. BWTV). Government intervention in the form of licensing has a similar effect. When substitution and regulation occur simultaneously the identification of the independent role of each in the observed slower and lower adoption require detailed information we do not have (cable TV).

Keywords: Financial Economics; Marketing (search for similar items in EconPapers)
Pages: 20
Date: 1982-12
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Persistent link: https://EconPapers.repec.org/RePEc:ags:isfiwp:275363

DOI: 10.22004/ag.econ.275363

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