Habit persistence, heterogeneous tastes, and imperfect competition

DOI10.1016/0165-1889(95)00895-0zbMATH Open0875.90246OpenAlexW2044515571MaRDI QIDQ1350482FDOQ1350482

Authors: Gary Fethke, Raj Jagannathan 

Publication date: 27 February 1997

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1889(95)00895-0

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zbMATH Keywords

Time consistencyHabit persistenceAdjacent complementarityMonopoly pricing

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Economic growth models (91B62)

Cites Work

• Title not available (Why is that?)
• The Durable Goods Monopolist and Consistency with Increasing Costs
• Time to Build and Aggregate Fluctuations
• Equilibrium solutions in dynamic dominant-player models
• Rational demand and expenditures patterns under habit formation
• Monopoly with endogenous durability.

Cited In (3)

• Intertemporal non-separability and dynamic oligopoly
• Habit forming consumers and firm dynamics
• Dynamic theory of preferences: habit formation and taste for variety

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