scholarly journals The finite horizon, undiscounted, durable goods monopoly problem with finitely many consumers

2019 ◽  
Vol 82 ◽  
pp. 171-183 ◽  
Author(s):  
Gerardo Berbeglia ◽  
Peter Sloan ◽  
Adrian Vetta
2020 ◽  
Author(s):  
Junkee Jeon ◽  
Hyeng Keun Koo ◽  
Kyunghyun Park

2017 ◽  
Vol 12 (2) ◽  
pp. 817-861 ◽  
Author(s):  
Juan Ortner

Games ◽  
2020 ◽  
Vol 11 (2) ◽  
pp. 22
Author(s):  
Basak Altan

We analyze a vertically differentiated market for an imperfectly durable good served by a monopolist in an infinite-horizon, discrete-time game. Our goal is to identify the Markov perfect stationary equilibria where the seller can maintain his monopoly power. We establish that the set of parameters supporting a monopoly outcome is larger when the seller offers different quality versions of the same product. Hence, our results suggest that, when the innate durability of a product is high, the seller should offer different quality versions of the product.


1992 ◽  
Vol 59 (4) ◽  
pp. 795 ◽  
Author(s):  
Lawrence M. Ausubel ◽  
Raymond J. Deneckere

1993 ◽  
Vol 44 (3) ◽  
pp. 269-279 ◽  
Author(s):  
Giuseppe Colangelo

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