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Rythmes de production et apprentissage sur la qualité

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  • Carole Haritchabalet

Abstract

We show how a durable goods monopolist may adjust the timing of production to control information revelation on its product's quality. lt produces the static monopoly quantity at the time of introduction only if prior beliefs are very optimistic or very unfavourable. For intermediate priors, it may over produce (while pricing below marginal cost) if beliefs are too unfavourable or under produce if beliefs are favourable enough.

Suggested Citation

  • Carole Haritchabalet, 2003. "Rythmes de production et apprentissage sur la qualité," Annals of Economics and Statistics, GENES, issue 69, pages 169-179.
  • Handle: RePEc:adr:anecst:y:2003:i:69:p:169-179
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    File URL: http://www.jstor.org/stable/20076368
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