Monopoly distortions in durability and multi-dimensional quality

C-Tier
Journal: Economics Letters
Year: 2009
Volume: 105
Issue: 3
Pages: 333-335

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Without a multiplicative interaction between durability and other quality attributes Swan's (1970) independence result is violated, even with constant marginal costs. Subsequent distortions are aligned when the marginal cost of quality does not increase too much with durability.

Technical Details

RePEc Handle
repec:eee:ecolet:v:105:y:2009:i:3:p:333-335
Journal Field
General
Author Count
1
Added to Database
2026-01-29