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Novelty-Bundling Markets

Jason Potts

Advances in Austrian Economics2012https://doi.org/10.1108/s1529-2134(2012)0000016014book-chapter
AJG 1
Weight
0.59

What the paper says

An NBM is a market form in that it is made of institutions and business models. It arises in a particular context where abundant novelty issuing from the producer side meets substantial search costs and evaluation difficulties on the consumer side. In a NBM consumers don’t necessarily know what they are searching for. These difficulties on the demand side are specifically caused by the fact that novel goods, which are experience goods, often require new “rules for choice” as new suites of evaluative criteria.

20 citations

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https://doi.org/https://doi.org/10.1108/s1529-2134(2012)0000016014

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@article{jason2012,
  title        = {{Novelty-Bundling Markets}},
  author       = {Jason Potts},
  journal      = {Advances in Austrian Economics},
  year         = {2012},
  doi          = {https://doi.org/https://doi.org/10.1108/s1529-2134(2012)0000016014},
}

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Novelty-Bundling Markets

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Evidence weight

0.59

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.73 × 0.4 = 0.29
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.