{"id":"https://openalex.org/W2010238287","doi":"https://doi.org/10.2307/2555389","title":"Concurrent Renting and Selling in a Durable-Goods Monopoly under Threat of Entry","display_name":"Concurrent Renting and Selling in a Durable-Goods Monopoly under Threat of Entry","publication_year":1986,"publication_date":"1986-01-01","ids":{"openalex":"https://openalex.org/W2010238287","doi":"https://doi.org/10.2307/2555389","mag":"2010238287"},"language":"en","primary_location":{"id":"doi:10.2307/2555389","doi":"https://doi.org/10.2307/2555389","is_oa":false,"landing_page_url":"https://doi.org/10.2307/2555389","pdf_url":null,"source":{"id":"https://openalex.org/S34139249","display_name":"The RAND Journal of Economics","issn_l":"0741-6261","issn":["0741-6261","1756-2171"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The RAND Journal of Economics","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5036098987","display_name":"Sam Bucovetsky","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I125749732","display_name":"Western University","ror":"https://ror.org/02grkyz14","country_code":"CA","type":"education","lineage":["https://openalex.org/I125749732"]}],"countries":["CA"],"is_corresponding":false,"raw_author_name":"Sam Bucovetsky","raw_affiliation_strings":["Department of Economics Research","Department of Economics, University of Western Ontario","Western University Scholarship"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics Research","institution_ids":[]},{"raw_affiliation_string":"Department of Economics, University of Western Ontario","institution_ids":["https://openalex.org/I125749732"]},{"raw_affiliation_string":"Western University Scholarship","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5041883094","display_name":"John B. Chilton","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I125749732","display_name":"Western University","ror":"https://ror.org/02grkyz14","country_code":"CA","type":"education","lineage":["https://openalex.org/I125749732"]}],"countries":["CA"],"is_corresponding":false,"raw_author_name":"John Chilton","raw_affiliation_strings":["Department of Economics Research","Department of Economics, University of Western Ontario","Western University Scholarship"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics Research","institution_ids":[]},{"raw_affiliation_string":"Department of Economics, University of Western Ontario","institution_ids":["https://openalex.org/I125749732"]},{"raw_affiliation_string":"Western University Scholarship","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I125749732"],"apc_list":{"value":3400,"currency":"USD","value_usd":3400},"apc_paid":null,"fwci":1.4104,"has_fulltext":false,"cited_by_count":68,"citation_normalized_percentile":{"value":0.80352895,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":87,"max":98},"biblio":{"volume":"17","issue":"2","first_page":"261","last_page":"261"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.0006000000284984708,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/durable-goods-monopoly","display_name":"durable goods monopoly","score":0.8650000095367432},{"id":"https://openalex.org/keywords/threat-of-entry","display_name":"threat of entry","score":0.8790000081062317},{"id":"https://openalex.org/keywords/cournot-duopoly","display_name":"Cournot duopoly","score":0.949999988079071},{"id":"https://openalex.org/keywords/stackelberg-leadership","display_name":"Stackelberg leadership","score":0.8949999809265137},{"id":"https://openalex.org/keywords/entry-deterrence","display_name":"entry deterrence","score":0.7070000171661377},{"id":"https://openalex.org/keywords/optimal-contracts","display_name":"optimal contracts","score":0.3330000042915344}],"concepts":[{"id":"https://openalex.org/C199510392","wikidata":"https://www.wikidata.org/wiki/Q1184602","display_name":"Stackelberg competition","level":2,"score":0.8515870571136475},{"id":"https://openalex.org/C61933577","wikidata":"https://www.wikidata.org/wiki/Q2184715","display_name":"Durable good","level":2,"score":0.8234515190124512},{"id":"https://openalex.org/C2781127519","wikidata":"https://www.wikidata.org/wiki/Q43637","display_name":"Monopoly","level":2,"score":0.7045271396636963},{"id":"https://openalex.org/C85502023","wikidata":"https://www.wikidata.org/wiki/Q157171","display_name":"Renting","level":2,"score":0.6809476017951965},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.6333216428756714},{"id":"https://openalex.org/C16520705","wikidata":"https://www.wikidata.org/wiki/Q601799","display_name":"Cournot competition","level":2,"score":0.6288228034973145},{"id":"https://openalex.org/C2781249084","wikidata":"https://www.wikidata.org/wiki/Q908656","display_name":"Preference","level":2,"score":0.4913844168186188},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.46028605103492737},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4453768730163574},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.32719284296035767},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":6,"locations":[{"id":"doi:10.2307/2555389","doi":"https://doi.org/10.2307/2555389","is_oa":false,"landing_page_url":"https://doi.org/10.2307/2555389","pdf_url":null,"source":{"id":"https://openalex.org/S34139249","display_name":"The RAND Journal of Economics","issn_l":"0741-6261","issn":["0741-6261","1756-2171"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The RAND Journal of Economics","raw_type":"journal-article"},{"id":"mag:3161278469","doi":null,"is_oa":false,"landing_page_url":"https://ideas.repec.org/p/uwo/uwowop/8317.html","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"pmh:oai:RePEc:rje:randje:v:17:y:1986:i:summer:p:261-275","doi":null,"is_oa":false,"landing_page_url":"http://links.jstor.org/sici?sici=0741-6261%28198622%2917%3A2%3C261%3ACRASIA%3E2.0.CO%3B2-2&origin=repec","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:RePEc:uwo:uwowop:8317","doi":null,"is_oa":false,"landing_page_url":"https://ir.lib.uwo.ca/cgi/viewcontent.cgi?article=1782&context=economicsresrpt","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:ir.lib.uwo.ca:economicsresrpt-1782","doi":null,"is_oa":false,"landing_page_url":"https://ir.lib.uwo.ca/economicsresrpt/655","pdf_url":null,"source":{"id":"https://openalex.org/S4306400648","display_name":"Scholarship@Western (Western University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I125749732","host_organization_name":"Western University","host_organization_lineage":["https://openalex.org/I125749732"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Department of Economics Research Reports","raw_type":"workingpaper"},{"id":"pmh:oai:uwo.scholaris.ca:20.500.14721/11649","doi":null,"is_oa":false,"landing_page_url":"https://hdl.handle.net/20.500.14721/11649","pdf_url":null,"source":{"id":"https://openalex.org/S4306400648","display_name":"Scholarship@Western (Western University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I125749732","host_organization_name":"Western University","host_organization_lineage":["https://openalex.org/I125749732"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"working paper"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":7,"referenced_works":["https://openalex.org/W1546669139","https://openalex.org/W1595440829","https://openalex.org/W2011717075","https://openalex.org/W2060762444","https://openalex.org/W2063515507","https://openalex.org/W2891533674","https://openalex.org/W4285719527"],"related_works":["https://openalex.org/W2181751421","https://openalex.org/W2031810800","https://openalex.org/W1971349496","https://openalex.org/W2094671041","https://openalex.org/W2351267454","https://openalex.org/W2005420393","https://openalex.org/W1977305319","https://openalex.org/W2027788784","https://openalex.org/W2155552430","https://openalex.org/W1561977052"],"abstract_inverted_index":{"This":[0],"article":[1],"analyzes":[2],"the":[3,22,40,68,75,80],"choice":[4,70],"of":[5,10,17,24,42,71],"contract":[6,52],"(sales":[7],"or":[8],"rental)":[9],"a":[11,15,26,28,90],"durable-goods":[12],"monopolist":[13,29,77],"facing":[14],"threat":[16,27,41],"future":[18],"entry.":[19],"Although":[20],"in":[21],"absence":[23],"such":[25],"would":[30,85],"prefer":[31],"to":[32,78],"rent":[33],"his":[34],"entire":[35],"output,":[36],"we":[37],"show":[38],"that":[39,45],"entry":[43],"alters":[44],"preference.":[46],"There":[47],"is":[48],"an":[49],"optimal":[50,69],"preentry":[51,72],"mix,":[53],"involving":[54],"both":[55,60],"rental":[56],"and":[57],"sales.":[58],"If":[59],"firms":[61],"behave":[62],"as":[63,83,89],"Cournot":[64],"duopolists":[65],"after":[66],"entry,":[67],"contracts":[73],"enables":[74],"erstwhile":[76],"gain":[79],"same":[81],"profits":[82],"he":[84,87],"if":[86],"behaved":[88],"von":[91],"Stackelberg":[92],"leader.":[93]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":4},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":3},{"year":2012,"cited_by_count":4}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2016-06-24T00:00:00"}