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A Dynamic Monopoly with Experience Goods and Risk-Averse Consumers
http://hdl.handle.net/2237/23450
http://hdl.handle.net/2237/23450dd6c5986-03d6-4945-9386-66b4dc400139
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E15-8.pdf E15-8 (434.6 kB)
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commentE15-8.pdf comment (54.2 kB)
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Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
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公開日 | 2016-02-04 | |||||
タイトル | ||||||
タイトル | A Dynamic Monopoly with Experience Goods and Risk-Averse Consumers | |||||
言語 | en | |||||
著者 |
Martín-Rodríguez, María
× Martín-Rodríguez, María |
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アクセス権 | ||||||
アクセス権 | open access | |||||
アクセス権URI | http://purl.org/coar/access_right/c_abf2 | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | asymmetric information | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | risk aversion | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | price pattern | |||||
抄録 | ||||||
内容記述 | I analyze the dynamic problem of a monopolist facing different masses of risk- averse consumers in two periods. All qualities are equally costly and the true quality is uncertain for all the agents in the first period. I find that a semi-separating equilibrium is sustainable in the second period if the first-period market share is strictly positive due to social learning. Increasing patterns of prices may arise when low qualities are revealed, but this outcome is less likely with less risk-averse consumers. The welfare analysis suggests that the authority could only help when the consumers were not very risk averse. | |||||
言語 | en | |||||
内容記述タイプ | Abstract | |||||
出版者 | ||||||
言語 | ja | |||||
出版者 | 名古屋大学大学院経済学研究科附属国際経済政策研究センター | |||||
言語 | ||||||
言語 | eng | |||||
資源タイプ | ||||||
資源 | http://purl.org/coar/resource_type/c_6501 | |||||
タイプ | departmental bulletin paper | |||||
出版タイプ | ||||||
出版タイプ | VoR | |||||
出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
書誌情報 |
en : Economic Research Center Discussion Paper 号 E15-8, 発行日 2015-12 |
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著者版フラグ | ||||||
値 | publisher | |||||
シリーズ | ||||||
関連名称 | E-Series;E15-8 | |||||
URI | ||||||
識別子 | http://hdl.handle.net/2237/23450 | |||||
識別子タイプ | HDL |