Dynamic Demand for New and Used Durable Goods Without Physical Depreciation: The Case of Japanese Video Games

We develop a new dynamic demand model for new and used durable goods and quantify the impact of used goods markets on producers’ profits and consumer welfare.

• 저널Marketing Science · 38(3) · 392–416
• 토픽Consumer Market Behavior and Pricing · Marketing
• DOI10.1287/mksc.2018.1142
• 저자Masakazu Ishihara, Andrew T. Ching