Durable Goods Theory for Real World Markets

By Michael Waldman. 2003

323 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management Science and Operations Research, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/cee8ebd84b4cb094096d34bc20d52dcf304a01fc

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Citations in the corpus

Does AMD Spur Intel to Innovate More? (2011, background): “6 The theoretical literature on durable goods, reviewed by Waldman (2003), focuses on monopoly and perfect competition, whereas we consider the more empirically relevant market structure of oligopoly.”
Does the Circular Economy Grow the Pie? The Case of Rebound Effects From Smartphone Reuse (2018, background): “In fact, some studies suggest that reuse may stimulate new production, for example by allowing consumers to sell their older products and use the earnings toward the purchase of new units (Waldman, 2003; Cooper and Gutowski, 2017).”
Remanufacturing, Third-Party Competition, and Consumers' Perceived Value of New Products (2012, background): “…that test our hypotheses for Sansa MP3 players to examine potential brand effects, for HP printers to investigate possible product-category effects, and with additional conditions that include a non-remanufactured inferior product to examine whether our main results are speciﬁc to remanufacturing.”
Closed-Loop Supply Chains: A Critical Review, and Future Research (2013, background): “The durable goods literature in economics addresses the profitability of leasing—for a review, see Waldman (2003)—but without considering the operational decisions for products off-lease.”
Slower Consumption Reflections on Product Life Spans and the “Throwaway Society” (2005, background): “Much of this is based on unrealistic theoretical assumptions relating to a monopoly situation or perfect competition, although, as Waldman (2003) notes, there have been some notable recent advances in developing theory for durable goods in “real world” markets.”
Is Leasing Greener Than Selling? (2012, background): “In the durable goods literature, several issues associated with the profitability of the lease-versus-sell decision faced by a firm have been studied (see Waldman 2003 for an excellent overview).”
Durable-goods oligopoly with secondary markets: the case of automobiles (2007, background): “4 See Waldman (2003) for a recent survey.”
Demand and Dematerialization Impacts of Second‐Hand Markets (2003, background): “A key example is the refrigerator, because chlorofluorocarbon refrigerants have been banned and average energy consumption has been reduced by about two-thirds over the past 25 years (U.S. NRC 2001).”