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Planned obsolescence and monopoly undersupply

✍ Scribed by Chun-Hui Miao


Book ID
116571319
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
206 KB
Volume
23
Category
Article
ISSN
0167-6245

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## Abstract By using a two‐period model of a durable goods monopolist, we investigate marketing activities that have an obsolescence effect on products already sold in the past period. We assume that the monopolist can stimulate consumer demand for second‐period products by marketing activities, an