Innovation frequency of durable complementary goods [electronic resource] / Yijuan Chen
- Bib ID:
- 4973682
- Format:
- Book
- Author:
- Chen, Yijuan
- Online Access:
- Archived at ANL
- Related Online Resources:
- Publisher site
- Description:
- [Canberra] : Australian National University, [College of Business & Economics], 2010
- ISBN:
- 086831515X
- Series:
-
- PANDORA electronic collection.
- Working papers in economics and econometrics (Online) ; no. 515.
- Technical Details:
-
- Mode of access: Internet via the World Wide Web. Available at: http://www.cbe.anu.edu.au/research/papers/pdf/wp515.pdf.
- System requirements: Adobe Acrobat reader required to view document.
- Summary:
-
Focused on innovation frequency of durable complementary goods, this paper shows that interdependency of innovation decisions generically gives rise to coordination failure between the producers. More importantly, the coordination failure may arise in opposite directions: Not only may the producers delay introducing new products, they may also introduce new products faster than the social optimum. The possibility of hastened innovations is in contrast to the conclusion from the literature focused on the monopolistic setting. The results provide a caution for policy-makers, and on the other hand serve as benchmarks for future studies incorporating competition.
- Notes:
-
- "JEL codes: O31".
- "March 2010".
- Title from title screen (viewed on September 16, 2010).
- Includes bibliographical references (p. 33-34).
- Text.
- Selected for archiving
- Subject:
- Other authors/contributors:
- ANU College of Business and Economics
- Copyright:
-
In Copyright
You may copy under some circumstances, for example you may copy a portion for research or study. Order a copy through Copies Direct to the extent allowed under fair dealing. Contact us for further information about copying.
Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 2010
Copyright status may not be correct if data in the record is incomplete or inaccurate. Other access conditions may also apply. For more information please see: Copyright in library collections.
Feedback
Similar items
- Econometric models based on count data : comparisons and application of some estimators and tests / A. Colin Cameron, Pravin K. Trivedi
- Model reliability / edited by David A. Belsley and Edwin Kuh
- Econometric analysis of model selection and model testing / M. Ishaq Bhatti, Hatem Al-Shanfari and M. Zakir Hossain
- Including prior information in probit model estimation [electronic resource] / William E. Griffiths, R. Carter Hill and Christopher J. O'Donnell
- Dynamic equilibrium economies : a framework for comparing models and data / Francis X. Diebold, Lee E. Ohanian, and Jeremy Berkowitz