@article{Fang:166091, recid = {166091}, author = {Fang, Di and Morrison, Richard}, title = {New Product Adoption in a Friendship Network using Spatial Lag Model}, address = {2014}, number = {327-2016-12702}, pages = {5}, year = {2014}, note = {Paper removed at the request of the author, April 30, 2015. Will be replaced by corrected copy.}, abstract = {In this study we address the following question: does friendship facilitate the adoption of a risk inherent new product? We did a validation study with a previously recorded friendship network and simulated scenario of a new energy drink. We learn that spill over effect for such a friendship network is significantly more powerful than product attributes or social demographic attributes. We conducted a spatial two-stage least square analysis with simulated data.}, url = {http://ageconsearch.umn.edu/record/166091}, doi = {https://doi.org/10.22004/ag.econ.166091}, }