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Author : Marc Nerlove
Publisher :
ISBN 13 :
Total Pages : 12 pages
Book Rating : 4.:/5 (825 download)
Download or read book The Market Demand for Durable Goods written by Marc Nerlove and published by . This book was released on 1959 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Richard Stone
Publisher :
ISBN 13 :
Total Pages : 21 pages
Book Rating : 4.:/5 (662 download)
Download or read book The Market Demand for Durable Goods written by Richard Stone and published by . This book was released on 1957* with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : R. Stone
Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.:/5 (247 download)
Download or read book Some Studies of the Market Demand for Durable Goods written by R. Stone and published by . This book was released on 1955 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Arnold C. Harberger
Publisher :
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.3/5 (91 download)
Download or read book The Demand for Durable Goods written by Arnold C. Harberger and published by . This book was released on 1960 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: A publication of the Research Group in Public Finance.
Author : University of Chicago. Economics Research Center. Research Group in Public Finance
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (6 download)
Download or read book The Demand for Durable Goods written by University of Chicago. Economics Research Center. Research Group in Public Finance and published by . This book was released on 1960 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Arnold C. Harberger
Publisher :
ISBN 13 : 9783337932022
Total Pages : 288 pages
Book Rating : 4.9/5 (32 download)
Download or read book The Demand for Durable Goods written by Arnold C. Harberger and published by . This book was released on 2020-03-31 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Hideo Konishi
Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.F/5 ( download)
Download or read book Existence of Stationary Equilibrium in the Markets for New and Used Durable Goods written by Hideo Konishi and published by . This book was released on 2000 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Paul Edward Hodges
Publisher :
ISBN 13 :
Total Pages : 252 pages
Book Rating : 4.F/5 ( download)
Download or read book A Theory on the Consumer Demand for Durable Goods written by Paul Edward Hodges and published by . This book was released on 1974 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Elsa M. M. Rodriguez de Huarte
Publisher :
ISBN 13 :
Total Pages : 148 pages
Book Rating : 4.E/5 ( download)
Download or read book An Analysis of Demand for Durable Goods written by Elsa M. M. Rodriguez de Huarte and published by . This book was released on 1983 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Gautam Gowrisankaran
Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (316 download)
Download or read book Dynamics of consumer demand for new durable goods written by Gautam Gowrisankaran and published by . This book was released on 2009 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper specifies and estimates a dynamic model of consumer preferences for new durable goods with persistent heterogeneous consumer tastes, rational expectations about future products and repeat purchases over time. Most new consumer durable goods, particularly consumer electronics, are characterized by relatively high initial prices followed by rapid declines in prices and improvements in quality. The evolving nature of product attributes suggests the importance of modeling dynamics in estimating consumer preferences. We estimate the model on the digital camcorder industry using a panel data set on prices, sales and characteristics. We find that dynamics are a very important determinant of consumer preferences and that estimated coefficients are more plausible than with traditional static models. We use the estimates to evaluate cost-of-living indices for new consumer goods and dynamic demand elasticities.
Download or read book Dynamics of Consumer Demand for New Durable Goods written by and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mark Bils
Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.3/5 ( download)
Download or read book Cyclical Pricing of Durable Goods written by Mark Bils and published by . This book was released on 1989 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: I examine price markups in monopolisticly-competitive markets that experience fluctuations in demand because the economy experiences cyclical fluctuations in productivity. Markups depend positively on the average income of purchasers in the market. For a nondurable good average income of purchasers is procyclical; so the markup is procyclical. For a durable good. however. the average income of purchasers is likely to decrease in booms because low income consumers of the good concentrate their purchases in boom periods; so the markup is likely countercyclical. This is particularly true for growing markets. I find markups make the aggregate economy fluctuate more in response to productivity if goods are sufficiently durable.
Author :
Publisher : CUP Archive
ISBN 13 :
Total Pages : 176 pages
Book Rating : 4./5 ( download)
Download or read book Priority Patterns and the Demand for Household Durable Goods written by and published by CUP Archive. This book was released on with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Graham Pyatt
Publisher :
ISBN 13 :
Total Pages : 147 pages
Book Rating : 4.:/5 (682 download)
Download or read book Priority Patterns and the Demand for Household Durable Goods written by Graham Pyatt and published by . This book was released on 1964 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : W.J. Oomens
Publisher : Springer
ISBN 13 :
Total Pages : 286 pages
Book Rating : 4.:/5 (31 download)
Download or read book The Demand for Consumer Durables written by W.J. Oomens and published by Springer. This book was released on 1976-07-31 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of growth functions for estimating developments in consumer demand is already rather old. In many books on 'mathematics for economists' one can find one or more examples of growth functions, however, usually without any economic considerations as a background. Furthermore there are many econometric contributions on the subject scattered over many books and journals. In this book - the English translation of the author's doctoral thesis - , Dr. W.J. Oomens gives a highly unified treatment of the subject. The book consists of two main parts, preceded by an introduction and concluded by an application. The first main part starts with a discussion of the general notions underlying the theory of the development of demand for new consumer durable goods and next describes the many models known from the literature, using these general notions. Because of the unified treatment the author succeeds in clearly ranking the different models, in presenting the aspects they have in cornmon and in explaining the properties which are different in the models being described. The critical discussion of the existing models leads a.o. to a new model, the 'heterogeneous generalized logistic model', in which environmental variables are inserted into the purchase propensity function as well as into the function for the variable saturation degree.
Author : Christopher L. House
Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.:/5 (255 download)
Download or read book Durable Goods and Conformity written by Christopher L. House and published by . This book was released on 2006 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is the variety of products supplied in markets a reflection of the diversity of consumers' preferences? In this paper, we argue that the distribution of durable goods offered in markets tends to be compressed relative to the distribution of consumers' underlying preferences. In particular, there are strong incentives for conformity in markets for durable goods. The reason for conformity is natural: durables (for example houses) are traded and as a result, demand for these goods is influenced by their resale value. Agents may like one product, but purchase another because of resale concerns. We show that (1) there is a tendency to conform to the average preference; (2) conformity depends primarily on the number of people with extreme preferences; (3) conformity increases with increases in durability, patience, and the likelihood of trade; and (4) equilibrium conformity is not necessarily optimal. Surprisingly, there tends to be too little conformity in equilibrium. Conformity also creates a demand for rental markets. Renting does not necessarily decrease conformity however. Instead, renting tends to exaggerate conformity in the owner-occupied market.
Author : W.J. Oomens
Publisher : Springer
ISBN 13 : 9789401168182
Total Pages : 0 pages
Book Rating : 4.1/5 (681 download)
Download or read book The demand for consumer durables written by W.J. Oomens and published by Springer. This book was released on 1976-08-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of growth functions for estimating developments in consumer demand is already rather old. In many books on 'mathematics for economists' one can find one or more examples of growth functions, however, usually without any economic considerations as a background. Furthermore there are many econometric contributions on the subject scattered over many books and journals. In this book - the English translation of the author's doctoral thesis - , Dr. W.J. Oomens gives a highly unified treatment of the subject. The book consists of two main parts, preceded by an introduction and concluded by an application. The first main part starts with a discussion of the general notions underlying the theory of the development of demand for new consumer durable goods and next describes the many models known from the literature, using these general notions. Because of the unified treatment the author succeeds in clearly ranking the different models, in presenting the aspects they have in cornmon and in explaining the properties which are different in the models being described. The critical discussion of the existing models leads a.o. to a new model, the 'heterogeneous generalized logistic model', in which environmental variables are inserted into the purchase propensity function as well as into the function for the variable saturation degree.
