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Durable Goods Monopoly with Entry of New Consumers
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Durable Goods Monopoly with Entry of New Consumers
Durable Goods Monopoly with Entry of New Consumers
JS
Joel Sobel
Joel Sobel
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1 September 1991
journal article
Published by
JSTOR
in
Econometrica
Vol. 59
(5)
,
1455
https://doi.org/10.2307/2938375
Abstract
This paper analyzes a model of a dynamic monopolist who produces at constant unit cost. Each period a new cohort of consumers enters the market. Each entering c...
Keywords
NEW CONSUMERS
ENTRY
DURABLE GOODS MONOPOLY
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Cited by 114 articles