Companies use planned obsolescence as a central marketing strategy to motivate their
customers to (re) buy new and upcoming products. These companies try to increase their …

Critics of capitalism contend that many products are designed to have uneconomically short
lives, with the intention of forcing consumers to repurchase too frequently. This phenomenon …

We discuss a few recent theoretical papers studying the dynamics of negotiations. Our focus
is on recent papers that describe bargaining “outside the void.” That is papers that model …

Durable goods account for a significant portion of the economy and have been of
considerable interest to academic researchers, especially economists, over the last four …

We study dynamic bargaining with private information and a deadline. As commitment
power disappears, there is a clear “deadline effect.” That is, trade takes place smoothly …

The Durapolist Puzzle: Monopoly Power in Durable-Goods Markets Page 1 The Durapolist Puzzle:
Monopoly Power in Durable-Goods Markets Barak Y. Orbacht This Article studies the durapolist …

This paper addresses two general questions. First, what is the effect of market structure on
the development of a network in a dynamic model with rational expectations? Secondly, is …

We study a dynamic market with asymmetric information that creates the lemons problem.
We compare efficiency of the market under different assumptions about the timing of trade …

If a durable good monopolist produces at constant marginal costs and the good depreciates,
there exists a family of Strong Markov Perfect Equilibrium (SMPE). One member of this family …

We study dynamic bargaining with asymmetric information and interdependent values. We
base our analysis on the equilibria characterized by Deneckere and Liang (2006) for the …