Durable Goods Monopoly with Entry of New Consumers
- 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
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