Rythmes de production et apprentissage sur la qualité

Carole Haritchabalet

Annals of Economics and Statistics, 2003, issue 69, 169-179

Abstract: We show how a durable goods monopolist may adjust the timing of production to control information revelation on its product's quality. lt produces the static monopoly quantity at the time of introduction only if prior beliefs are very optimistic or very unfavourable. For intermediate priors, it may over produce (while pricing below marginal cost) if beliefs are too unfavourable or under produce if beliefs are favourable enough.

Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:2003:i:69:p:169-179

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