Journal article
Exhaustibility and the durable-goods monopolist
Mathematical and computer modelling, Vol.10(6), pp.419-427
1988
DOI: 10.1016/0895-7177(88)90031-3
Abstract
A model of the durable-goods monopolist is considered in which the monopolist's output is an exhaustible resource. With exhaustibility the monopolist may effectively precommit himself to a range of future production levels. It is shown that this possibility for precommitment may dramatically alter the nature of the durable-goods monopoly equilibrium.
Details
- Title: Subtitle
- Exhaustibility and the durable-goods monopolist
- Creators
- D.A. Malueg - United States Department of JusticeJ.L. Solow - University of Iowa
- Resource Type
- Journal article
- Publication Details
- Mathematical and computer modelling, Vol.10(6), pp.419-427
- DOI
- 10.1016/0895-7177(88)90031-3
- ISSN
- 0895-7177
- eISSN
- 1872-9479
- Publisher
- Elsevier Ltd
- Number of pages
- 9
- Language
- English
- Date published
- 1988
- Academic Unit
- Economics
- Record Identifier
- 9984963149902771
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