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Survival in a Declining Industry: The Case of Baseball Cards

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Author Info
Arthur Zillante (ICES, George Mason University)

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Abstract

The baseball card industry provides a case study of survival in a declining industry. The case study shows how manufacturers have varied their strategic behavior in response to changes that have occurred within the industry in the last 20 years. This is in stark contrast to most of the existing theoretical literature on behavior in declining industries, which assumes that behavior remains constant throughout the decline phase of an industry.

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File URL: http://129.3.20.41/eps/io/papers/0505/0505004.pdf
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Paper provided by EconWPA in its series Industrial Organization with number 0505004.

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Length: 15 pages
Date of creation: 12 May 2005
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Handle: RePEc:wpa:wuwpio:0505004

Note: Type of Document - pdf; pages: 15
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Web page: http://129.3.20.41

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Related research
Keywords: Declining industry; case study; baseball cards;

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L - Industrial Organization

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Robert A. Jones & Ellen B. Warhit, 1980. "A Theory of Package Sales: Bubble Gum and Baseball Cards`," UCLA Economics Working Papers 172, UCLA Department of Economics. [Downloadable!]
  2. John Londregan, 1990. "Entry and Exit over the Industry Life Cycle," RAND Journal of Economics, The RAND Corporation, vol. 21(3), pages 446-458, Autumn. [Downloadable!] (restricted)
  3. Glenn W. Harrison & John A. List, 2007. "Naturally Occurring Markets and Exogenous Laboratory Experiments: A Case Study of the Winner's Curse," NBER Working Papers 13072, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  4. Gabriel, Paul E & Johnson, Curtis & Stanton, Timothy J, 1995. "An Examination of Customer Racial Discrimination in the Market for Baseball Memorabilia," Journal of Business, University of Chicago Press, vol. 68(2), pages 215-30, April. [Downloadable!] (restricted)
  5. John A. List & David Lucking-Reiley, 2000. "Demand Reduction in Multiunit Auctions: Evidence from a Sportscard Field Experiment," American Economic Review, American Economic Association, vol. 90(4), pages 961-972, September. [Downloadable!] (restricted)
  6. Andersen, Torben & La Croix, Sumner J, 1991. "Customer Racial Discrimination in Major League Baseball," Economic Inquiry, Oxford University Press, vol. 29(4), pages 665-77, October.
  7. Charles J. Mullin & Lucia F. Dunn, 2002. "Using Baseball Card Prices to Measure Star Quality and Monopsony," Economic Inquiry, Oxford University Press, vol. 40(4), pages 620-632, October.
  8. Fudenberg, Drew & Tirole, Jean, 1986. "A Theory of Exit in Duopoly," Econometrica, Econometric Society, vol. 54(4), pages 943-60, July. [Downloadable!] (restricted)
  9. Pauli Murto, 2004. "Exit in Duopoly Under Uncertainty," RAND Journal of Economics, The RAND Corporation, vol. 35(1), pages 111-127, Spring.
  10. Nardinelli, Clark & Simon, Curtis, 1990. "Customer Racial Discrimination in the Market for Memorabilia: The Case of Baseball," The Quarterly Journal of Economics, MIT Press, vol. 105(3), pages 575-95, August. [Downloadable!] (restricted)
  11. Ghemawat, Pankaj & Nalebuff, Barry, 1990. "The Devolution of Declining Industries," The Quarterly Journal of Economics, MIT Press, vol. 105(1), pages 167-86, February. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Arthur Zillante, 2005. "Spaced Out Monopolies: Theory and Empirics of Alternating Product Releases," Industrial Organization 0505008, EconWPA. [Downloadable!]
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