What slows down the laggard?

interpretation

Products that will eventually reach 100% penetration

So utility should be higher than the amount.

So why didn't I buy it in the first place?

It presumed that utility was not higher than the amount

There are two interpretations.

A: Each customer's utility estimate is a point estimate, and the estimates vary from person to person.

B: The customer's utility estimate is a distribution, and which point of the distribution is chosen as the representative value varies from person to person.

Advantages of B

Can express the convergence of anxiety due to lack of information as more information becomes available.

Disadvantages of B

There is no reason for the distribution to be shared across people.

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