Trickle-Down Technology and Screening of a Durable Goods Monopolist
نویسندگان
چکیده
منابع مشابه
Pricing for a Durable-Goods Monopolist Under Rapid Sequential Innovation
Adurable-goods monopolist who will be introducing new and improved versions of his product must decide how to price his products, keeping in mind the relative attractiveness of the current and future products. Dhebar (1994) has shown that if technology is changing too quickly and the producer cannot credibly commit to future prices and quality, then no equilibrium strategy exists. That is, ther...
متن کاملTrickle-Down Abusive Supervision 1 Running Head: TRICKLE-DOWN MODEL OF ABUSIVE SUPERVISION A Trickle-Down Model of Abusive Supervision
Much of the abusive supervision research has focused on the supervisor-subordinate dyad when examining the effects of abusive supervision on employee outcomes. Using data from a large multi-source field study, we extend this research by testing a trickle-down model of abusive supervision across three hierarchical levels (i.e., managers, supervisors, and employees). Drawing on social learning th...
متن کاملDurable Goods and Sectoral Effects of Monetary Policy
High degree of interest sensitivity of durable goods is now a stylized fact in the literature of monetary policy. This literature, however, does not provide a clear and consensual explanation for the modalities of this stylized fact. In this paper, two independent empirical models are performed to shed more light on the cross-sectoral impacts of monetary policy. The results of first study indic...
متن کاملDurable Goods and Conformity
Is the variety of products supplied in markets a reflection of the diversity of consumers’ preferences? In this paper, we argue that the distribution of durable goods offered in markets tends to be compressed relative to the distribution of consumers’ underlying preferences. In particular, there are strong incentives for conformity in markets for durable goods. The reason for conformity is natu...
متن کاملBounds on the Profitability of a Durable Good Monopolist
A durable good is a long-lasting good that can be consumed repeatedly over time, and a duropolist is a monopolist in the market of a durable good. Theoretically, less is known about durable goods than their more well-studied counterparts, consumable and perishable goods. It was quite startling, therefore, when Ronald Coase (1972) conjectured that a duropolist has no monopoly power at all! Speci...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Reviews on Global Economics
سال: 2015
ISSN: 1929-7092
DOI: 10.6000/1929-7092.2015.04.06