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The model presented here derives the product life cycle of durable goods. It is based on the idea that the purchase process consists of first purchase and repurchase. First purchase is determined by the market penetration process (diffusion process), while repurchase is the sum of replacement...
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find evidence of both types of behavior in the consumers included in the analyzed data. Also, we find that the monopolist …
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We consider the impact of history on the survival of a monopolist selling single units in discrete time periods, whose …
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In this article are offered the two non-contradictory criteria, having logical and "physical" meaning, of market participants ' separation for monopolists, oligopolists, dominators and ordinary participants, which give the opportunity to evaluate market competition.
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acts as a monopolist and chooses the number of (costly) advertisements and price. The experiments are intended for …
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for attaining follow-on sales. When software samples are akin to durable goods, a Monopolist giving a free sample away is … offered by a Monopolist. …
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In a principal-agent framework under moral hazard, when the monopolist can pass on the liability of any defect of the … renegotiation, when the monopolist is taking the entire risk of replacing the defective product, he will profitably choose high … investment level and serves high quality product. But the results show that the monopolist will choose to renegotiate the …
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