Now showing items 1-3 of 3
Non-Stationary Demand in a Durable Goods Monopoly
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2006-01)
In a context where demand for the services of a durable good changes over time, and this change may be uncertain, the paper shows that social welfare may be higher when the monopolist seller can commit to any future price ...
Commitment Power in a Non-Stationary Durable-Good Market
This paper derives and evaluates the decisions of a durable good monopolist in a context where demand for the services of the durable good changes over time. It shows that, if the size of the market decreases over time, ...
Vertical Differentiation and Entry Deterrence: A Reconsideration
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2005-01)
In this work we emphasize why market coverage should be considered endogenous for a correct analysis of entry deterrence in vertical differentiation models and discuss the implications of this endogeneity for that analysis. ...