Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10001516283
Stylized durable goods monopoly models typically conclude that monopolists prefer to rent their output due to commitment problems associated with sales. However, we commonly observe monopolistic firms in durable goods industries simultaneously selling and renting output. To address this apparent...
Persistent link: https://www.econbiz.de/10014143357