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Upgrades, Tradeins, and Buybacks
Oleh:
Tirole, Jean
;
Fudenberg, Drew
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Rand Journal of Economics vol. 29 no. 2 (1998)
,
page 235-258.
Topik:
TRADES
;
upgrades
;
tradeins
;
buybacks
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
RR10.2
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
We study monopoly pricing of overlapping generations of a durable good. We consider two sorts of goods : those with an active secondhand market and anonymous consumers, such as textbooks, and those with no secondhand market and consumers who can prove that they purchased the old good to qualify for a discount on the new one, such as software. In the first case we show that the monopolist may choose to either produce or repurchase the old good once the new one becomes available. In the latter case we determine when the monopolist chooses to offer upgrade discounts.
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