Durable goods with quality differentiation

被引:10
|
作者
Inderst, Roman [1 ,2 ]
机构
[1] Goethe Univ Frankfurt, IMFS, D-6000 Frankfurt, Germany
[2] London Sch Econ, London WC2A 2AE, England
关键词
price discrimination; durable-goods monopolist; coase conjecture;
D O I
10.1016/j.econlet.2008.01.006
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study the optimal strategy of a durable-goods monopolist who can offer goods in different qualities. The key finding is that the presence of the additional sorting variable further undermines the firm's commitment problem, leading to results that contrast sharply with those of standard durable-goods models or those of models where the firm can commit. (c) 2008 Elsevier B.V All rights reserved.
引用
收藏
页码:173 / 177
页数:5
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