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.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 1992
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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.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 2005
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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.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 2004
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