Product Innovation by a Durable-Good Monopoly

2000 ◽  
Vol 31 (2) ◽  
pp. 237 ◽  
Author(s):  
Arthur Fishman ◽  
Rafael Rob
Keyword(s):  
Product Innovation ◽  
Durable Good ◽  
Durable Good Monopoly

Inefficient sales delays by a durable-good monopoly facing a finite number of buyers

2013 ◽  
Vol 44 (3) ◽  
pp. 425-437 ◽  
Author(s):  
João Montez
Keyword(s):  
Finite Number ◽  
Durable Good ◽  
Durable Good Monopoly

scholarly journals HOUSEHOLD HETEROGENEITY AND OPTIMAL INTER-TEMPORAL PRICING FOR A DURABLE-GOOD MONOPOLY

2006 ◽  
Vol 51 (03) ◽  
pp. 395-403
Author(s):  
WINSTON T.H. KOH
Keyword(s):  
Price Discrimination ◽  
Durable Goods ◽  
Budget Constraints ◽  
Durable Good ◽  
Durable Good Monopoly ◽  
Household Heterogeneity

In this paper, I extend the analysis in Koh (2006) to examine the optimality of inter-temporal price discrimination for a durable-good monopoly in a model where infinitely-lived households consume both durable goods and a stream of non-durable goods subject to different inter-temporal budget constraints. I also consider the multi-dimensional setting where households differ in both inter-temporal budget constraints and the utilities they derive from the consumption of the durable good.

Outsourcing Innovation in a Durable Good Monopoly

2008 ◽  
Vol 52 (1) ◽  
pp. 96-107
Author(s):  
Sanghoon Lee
Keyword(s):  
Durable Good ◽  
Durable Good Monopoly

Licensing to a durable-good monopoly

2008 ◽  
Vol 25 (5) ◽  
pp. 876-884 ◽  
Author(s):  
Changying Li ◽  
Xiaoyan Geng
Keyword(s):  
Durable Good ◽  
Durable Good Monopoly

scholarly journals The Optimal Suppression of a Low-Cost Technology by a Durable-Good Monopoly

1996 ◽  
Vol 27 (2) ◽  
pp. 346 ◽  
Author(s):  
Larry S. Karp ◽  
Jeffrey M. Perloff
Keyword(s):  
Low Cost ◽  
Durable Good ◽  
Durable Good Monopoly

scholarly journals Uncertain Commitment Power in a Durable Good Monopoly

2019 ◽  
Author(s):  
Gyula Seres
Keyword(s):  
Durable Good ◽  
Durable Good Monopoly

The effects of learning-by-doing on product innovation by a durable good monopolist

2005 ◽  
Vol 23 (1-2) ◽  
pp. 83-108 ◽  
Author(s):  
Edward Kutsoati ◽  
Ján Zábojník
Keyword(s):  
Product Innovation ◽  
Learning By Doing ◽  
Durable Good

DURABLE GOOD MONOPOLY, FINITE DURABILITY AND ‘TRIGGER’ TIME-CONSISTENT EQUILIBRIUM

1992 ◽  
Vol 6 (2) ◽  
pp. 69-77
Author(s):  
JAE-CHEOL KIM
Keyword(s):  
Durable Good ◽  
Trigger Time ◽  
Durable Good Monopoly

scholarly journals Decisions on pricing, capacity investment, and introduction timing of new product generations in a durable-good monopoly

2019 ◽  
Vol 28 (2) ◽  
pp. 497-519 ◽  
Author(s):  
Richard F. Hartl ◽  
Peter M. Kort ◽  
Andrea Seidl
Keyword(s):  
Durable Goods ◽  
Production Capacity ◽  
New Product ◽  
Durable Good ◽  
Stock Level ◽  
Sales Strategy ◽  
Operational Level ◽  
Durable Good Monopoly ◽  
Production Capacities ◽  
New Generation

Abstract The aim of the present paper is to analyze how firms that sell durable goods should optimally combine continuous-time operational level planning with discrete decision making. In particular, a firm has to continuously adapt its capacity investments and sales strategy, but only at certain times it will introduce a new version of the durable good to the market. The launch of a new generation of the product attracts new customers. However, in order to be able to produce the new version, production facilities need to be adapted leading to a decrease of available production capacities. We find that the price of a given generation of a product decreases over time. A firm should increase its production capacity most upon introduction of a new product. The stock of potential consumers is largest then so that the market is most profitable. The extent to which existing capacity can still be used in the production process for the next generation has a non-monotonic effect on the time when a new version of the product is introduced as well as on the capital stock level at that time.

Sign in / Sign up

Export Citation Format

Share Document