Rejoinder to Pesendorfer
THERE ARE SERIOUS FLAWS IN WOLFGANG PESENDORFERâ€™S (2004) Reply to our Comment on his article â€œDesign Innovations and Fashion Cyclesâ€ (1995). Here we address several flaws in Pesendorferâ€™s Reply and expand our Commentâ€™s critique of his 1995 model.
Volume (Year): 2 (2005)
Issue (Month): 1 (April)
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- Philip R. P. Coelho & James E. McClure, 2005. "Theory versus Application: Does Complexity Crowd Out Evidence?," Southern Economic Journal, Southern Economic Association, vol. 71(3), pages 556-565, January.
- Pesendorfer, Wolfgang, 1995.
"Design Innovation and Fashion Cycles,"
American Economic Review,
American Economic Association, vol. 85(4), pages 771-92, September.
- Coelho, Philip R P & McClure, James E, 1993. "Toward an Economic Theory of Fashion," Economic Inquiry, Western Economic Association International, vol. 31(4), pages 595-608, October.
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