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

DOI10.1016/J.ECONLET.2011.10.022zbMath1241.91094OpenAlexW2089083791MaRDI QIDQ429153

Scott E. Page, P. J. Lamberson

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)

Related Items (1)

The statistical properties of the threshold model and the feedback leadership condition

Cites Work

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

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