Oligopolies and product durability

Article Abstract:

Market oligopolists involved in sales have no incentive for producing durable goods. Companies in rental markets, however, will work for efficient durability. For sales markets, firms can effectively decrease their rival firms' market share by increasing durability and consequently, increase their own market share. Since firms own the total stock output in rental markets, they have no incentive to change cost-minimal durability processes.

Economic aspects, Durable goods

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Truly costly sequential search and oligopolistic pricing

Article Abstract:

A study examining the unique systematic equilibrium, resulting when consumers interested obtaining price quotations, and which are difficult to obtain, is presented. It is initially assumed that the first price quotation by consumers is obtained free of cost. Also, the expected price increases, as search cost decreases, and is constant in the number of shoppers and in the number of firms.

Netherlands, Forecasts, trends, outlooks, Pricing Policy, Forecasts and trends, Pricing, Market trend/market analysis, Equilibrium (Economics), Product price

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Idiosyncratic shocks in an asymmetric Cournot oligopoly

Article Abstract:

The effect of the shock of rising production costs varies from company to company. The Average Impact (AI) and Heterogeneity Effect (HE) of the marginal cost shock in different situations is studied using Cournot oligopoly.

Influence, Marginal costs

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