The effect of feedback consistency on success in markets with positive feedbacks

DOI10.1016/J.ECONLET.2011.10.022MaRDI QIDQ429153zbMATH OpenOpenAlexFDO

Authors P. J. Lamberson, Scott E. Page

Publication date 26 June 2012

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2011.10.022

zbMATH Keywords

stochastic dominanceurn modelpositive feedbacks

Mathematics Subject Classification ID

Inequalities; stochastic orderings (60E15) Stochastic models in economics (91B70)

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Cites work

• A survey of random processes with reinforcement
• Does Implementing an Effective TQM Program Actually Improve Operating Performance? Empirical Evidence from Firms That Have Won Quality Awards
• Generalized urn schemes and technological dynamics

Cited in

(4)

• The statistical properties of the threshold model and the feedback leadership condition
• Influence of feedback on the stochastic evolution of simple climate systems
• Learning from Feedback: Evidence from New Ventures*
• Feedback spillovers across tasks, self-confidence and competitiveness

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