Anton, James J.; Varma, Gopal Das - In: RAND Journal of Economics 36 (2005) 3, pp. 520-543
We consider a two-period model in which buyers can store a good by purchasing in advance of consumption so as to realize potential gains from intertemporal arbitrage. We find that storability introduces a kink in the aggregate period-1 demand. When supply is oligopolistic (quantity setting) and...