학술저널
Firm Behavior and Product Durability
- 서울대학교 경제연구소
- Seoul Journal of Economics
- Seoul Journal of Economics Volume 8 No.4
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1995.12443 - 455 (12 pages)
- 0
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Traditional models of product obsolescence assume firms exhibit specific behavior. The simple two period model developed herein employs a conjectural variation framework to examine the sensitivity of sub-optimal durability within sales markets to behavioral assumptions. Even in sales markets. this model leads to two cases where efficient durability occurs and two cases where inefficient durability occurs.
Abstract
Ⅰ. Introduction
Ⅱ. A Conjectural Variations Model of Durability Choice
Ⅲ. Durability Cases within Sales Markets
Ⅳ. Conclusion
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