The Diffusion of Consumer Durables in a Vertically Differentiated Oligopoly PDF Download
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Author: Raymond J. Deneckere
Publisher:
ISBN:
Category : Duopolies
Languages : en
Pages : 56
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Author: Raymond J. Deneckere
Publisher:
ISBN:
Category : Duopolies
Languages : en
Pages : 56
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Book Description
Author: Raymond J. Deneckere
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
In a vertically differentiated durable goods duopoly, prices tend to decline over time because the high-quality manufacturer's future product may compete more directly with the other firm's present product than with its own. This removes the standard reason not to cut prices (Stokey, 1979). Price levels depend not only on the similarity of the two products, but also on how readily the low-quality manufacturer's customers abstain from purchasing in order to obtain the high-quality good at a reduced price in the future. When quality choice is endogenized, substantially less vertical differentiation arises than would occur for nondurables.
Author: Compiled by the British Library of Political and Economic Science
Publisher: Psychology Press
ISBN: 9780415221054
Category : Business & Economics
Languages : en
Pages : 644
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Book Description
Renowned for its international coverage and rigorous selection procedures, this series provides the most comprehensive and scholarly bibliographic service available in the social sciences. Arranged by topic and indexed by author, subject and place-name, each bibliography lists and annotates the most important works published in its field during the year of 1997, including hard-to-locate journal articles. Each volume also includes a complete list of the periodicals consulted.
Author: Cristoforo S. Bertuglia
Publisher: Springer Science & Business Media
ISBN: 3642607209
Category : Business & Economics
Languages : en
Pages : 443
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Book Description
In the past decade there has been growing recognition that economic development is not mainly exogenously determined but, to a large extent, is a transformation process induced and governed by economic actors who respond to competitive, institutional and political challenge. This 'challenge and response' model is increasingly accepted as a valid analytical framework in modem growth theory and also explains the popularity of endogenous growth approaches to technological innovation issues. However, a major and as yet largely under-researched topic is the question of the diffusion and adoption of new technological changes in the context of space-time dynamics. This diffusion and adoption pattern has obviously clear spatial and temporal variations connected with behavioural responses which may vary over time and different locations. This means that a closer analysis of spatio-temporal opportunities and impediments is necessary in order to fully map the complex interactions of technology and economy in space and time. This volume sets out to bring together a collection of original contributions commissioned by the editors to highlight the spatio-temporal patterns and backgrounds of the diffusion and adoption of new technologies. Some are in the nature of a survey, others.have a modelling background and again others are case studies. The contributions originate from different countries and different disciplines. This book is complementary to a previously published volume on technological innovation, Technological Change, Economic Development and Space, edited by C.S. Bertuglia, M.M. Fischer and G. Preto, and also published by Springer-Verlag (1995).
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 764
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Author: Anne Marie Gibbons
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 628
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Author: Jee-Hyeong Park
Publisher:
ISBN:
Category :
Languages : en
Pages : 342
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Author: Richard Arnott
Publisher:
ISBN:
Category : Highway communications
Languages : en
Pages : 64
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Author: Richard Arnott
Publisher:
ISBN:
Category : Transportation
Languages : en
Pages : 32
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