Bagnoli, Mark; Salant, Stephen W; Swierzbinski, Joseph E - In: Journal of Political Economy 97 (1989) 6, pp. 1459-78
The authors analyze a dynamic game between consumers and the sole seller of a durable good. Unlike previous analyses, they assume that there exists a finite collection of buyers rather than a continuum. None of the main conclusions of the literature on durable-goods monopoly survives this change...