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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)

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://128.118.178.162/eps/io/papers/0505/0505004.pdf
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Bibliographic Info

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
Date of revision:
Handle: RePEc:wpa:wuwpio:0505004

Note: Type of Document - pdf; pages: 15
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Web page: http://128.118.178.162

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Keywords: Declining industry; case study; baseball cards;

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References

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  1. Charles J. Mullin & Lucia F. Dunn, 2002. "Using Baseball Card Prices to Measure Star Quality and Monopsony," Economic Inquiry, Western Economic Association International, vol. 40(4), pages 620-632, October.
  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.
  3. Ghemawat, Pankaj & Nalebuff, Barry, 1990. "The Devolution of Declining Industries," The Quarterly Journal of Economics, MIT Press, vol. 105(1), pages 167-86, February.
  4. Ginger Zhe Jin & Andrew Kato, 2007. "Dividing Online and Offline: A Case Study," Review of Economic Studies, Oxford University Press, vol. 74(3), pages 981-1004.
  5. 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.
  6. Gabriel, Paul E & Johnson, Curtis & Stanton, Timothy J, 1995. "An Examination of Customer Racial Discrimination in the Market for Baseball Memorabilia," The Journal of Business, University of Chicago Press, vol. 68(2), pages 215-30, April.
  7. Pauli Murto, 2004. "Exit in Duopoly Under Uncertainty," RAND Journal of Economics, The RAND Corporation, vol. 35(1), pages 111-127, Spring.
  8. David Lucking-Reiley & John A. List, 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.
  9. 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.
  10. Ginger Jin & Andrew Kato, 2004. "Dividing online and offline: A case study," Natural Field Experiments 00276, The Field Experiments Website.
  11. Glenn Harrison & John List, 2008. "Naturally occurring markets and exogenous laboratory experiments: A case study of the winner's curse," Framed Field Experiments 00266, The Field Experiments Website.
  12. Andersen, Torben & La Croix, Sumner J, 1991. "Customer Racial Discrimination in Major League Baseball," Economic Inquiry, Western Economic Association International, vol. 29(4), pages 665-77, October.
  13. Fudenberg, Drew & Tirole, Jean, 1986. "A Theory of Exit in Duopoly," Econometrica, Econometric Society, vol. 54(4), pages 943-60, July.
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Cited by:
  1. Arthur Zillante, 2005. "Spaced Out Monopolies: Theory and Empirics of Alternating Product Releases," Industrial Organization 0505008, EconWPA.

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