Patterns of Trade in the Market for Used Durables: Theory and Evidence
收藏NBER1999-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w7149
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资源简介：
The consumption value of a durable good diminishes as it ages due to physical deterioration and consumers' preference for the new. We develop a model of consumer specialization and trade in the market for used durables based on imperfect substitutability. Imperfect substitutability across vintages
提供机构：
美国国家经济研究局
创建时间：
1999-05-01
