New and old products differ in two respects: quality and newness. Whereas a higher quality of a new product always benefits consumers, the newness itself benefits some consumers, but not others, and for some, it is even a disadvantage. We capture these features in a Hotelling model of...

New and old products differ in two respects: quality and newness. Whereas a higher quality of a new product always benefits consumers, the newness itself benefits some consumers, but not others, and for some, it is even a disadvantage. We capture these features in a Hotelling model of Over-...

Die Autoren stellen das Konzept Fair Trade aus der Perspektive nachhaltiger Entwicklung dar. Die jüngste Vergangenheit hat gezeigt, dass sich der internationale Handel zwar weiterhin durch eine hohe Dynamik auszeichnet. Viele Entwicklungsländer und besonders bestimmte Bevölkerungsgruppen in...