A monopolist producing vertically differentiated durable goods can offer in each period a sequence of price-quality menus to segment the market. We show that, contrary to the Coase conjecture for the homogeneous durable good monopoly, thanks to the ability to produce differentiated durable...

We demonstrate the "curse of knowledge" when a monopolist can recognize different consumer groups through their purchase histories, which are influenced by the firm's dynamic pricing policies. Under the Markov-perfect equilibrium, after each commitment period, the firm offers a new introductory...