Journal article
On requiring the durable goods monopolist to sell
Economics letters, Vol.25(3), pp.283-288
1987
DOI: 10.1016/0165-1765(87)90229-1
Abstract
Requiring a monopolist to sell its output (rather than renting it) my lead to beneficial output adjustments or harmful quality adjustments. In a durable goods model, we show that requiring sales decreases welfare in only a small fraction of cases, but it strictly increases welfare in a majority of cases.
Details
- Title: Subtitle
- On requiring the durable goods monopolist to sell
- Creators
- David A. Malueg - United States Department of JusticeJohn L. Solow - University of Iowa
- Resource Type
- Journal article
- Publication Details
- Economics letters, Vol.25(3), pp.283-288
- DOI
- 10.1016/0165-1765(87)90229-1
- ISSN
- 0165-1765
- eISSN
- 1873-7374
- Publisher
- Elsevier B.V
- Number of pages
- 6
- Language
- English
- Date published
- 1987
- Academic Unit
- Economics
- Record Identifier
- 9984963053702771
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