Model exit in a vertically differentiated market: Interfirm competition versus intrafirm cannibalization in the computer hard disk drive industry

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Model exit in a vertically differentiated market: Interfirm competition versus intrafirm cannibalization in the computer hard disk drive industry

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dc.contributor.author Ruebeck, Christopher S.
dc.date.accessioned 2009-04-15T17:21:36Z
dc.date.available 2009-04-15T17:21:36Z
dc.date.issued 2005
dc.identifier.citation Ruebeck, C. S. 2005. "Model exit in a vertically differentiated market: Interfirm competition versus intrafirm cannibalization in the computer hard disk drive industry." Review of Industrial Organization 26 (1): 27-59 en_US
dc.identifier.uri http://hdl.handle.net/10385/513
dc.description.abstract What characteristics of a product’s local market make its withdrawal more likely? This study investigates the importance of intrafirm “cannibalization” of a product’s demand by products manufactured by the same firm versus interfirm competition from others’ products. While both forces impact product withdrawal, cannibalization has a more robust and significant effect. Hedonic price regressions also reveal higher discounting of older models’ quality-adjusted prices, strengthening the argument for caution when treating list prices as proxies for transaction prices. en_US
dc.language.iso en_US en_US
dc.publisher Review of Industrial Organization en_US
dc.subject differentiated products; exit; hedonic price index; transaction prices; variable hazard rate; withdrawal en_US
dc.title Model exit in a vertically differentiated market: Interfirm competition versus intrafirm cannibalization in the computer hard disk drive industry en_US
dc.type Article en_US
dc.identifier.doi 10.1007/s11151-004-6576-4

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