Heterogeneous car buyers: A stylized fact
AbstractWe analyze quarterly data on light vehicle sales and buyer income to show that both prices and the income of buyers fall over the model year. The result is relevant to determining the rate of quality improvement of goods.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 109 (2010)
Issue (Month): 1 (October)
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Web page: http://www.elsevier.com/locate/ecolet
Price skimming Quality change;
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