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Market Segmentation and the Sources of Rents from Innovation: Personal Computers in the Late 1980s

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  • Timothy F. Bresnahan
  • Scott Stern
  • Manuel Trajtenberg

Abstract

This paper evaluates the sources of transitory market power in the market for personal computer (PCs) during the late 1980s. Our analysis is motivated by the coexistence of low barriers to entry into the PC industry and high rates of innovative investment by a small number of PC manufacturers.
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Suggested Citation

  • Timothy F. Bresnahan & Scott Stern & Manuel Trajtenberg, 1995. "Market Segmentation and the Sources of Rents from Innovation: Personal Computers in the Late 1980s," Working Papers 95001, Stanford University, Department of Economics.
  • Handle: RePEc:wop:stanec:95001
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    References listed on IDEAS

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    Cited by:

    1. Richards, Timothy J. & Hamilton, Stephen F. & Patterson, Paul M., 2010. "Spatial Competition and Private Labels," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 35(2), pages 1-26, August.

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    More about this item

    JEL classification:

    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • L63 - Industrial Organization - - Industry Studies: Manufacturing - - - Microelectronics; Computers; Communications Equipment

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