Delayed Product Introduction

• Main Authors: QIU-HONG WANG, HUI, Kai-Lung
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2012
• Subjects: Delayed product introduction; Upgrade; Durability; Time inconsistency; Computer Sciences; Strategic Management Policy; Technology and Innovation
• Online Access: https://ink.library.smu.edu.sg/sis_research/3225
• Institution: Singapore Management University

We investigate the incentives of a monopolist seller to delay the introduction of a new and improved version of its product. By analyzing a three-period model, we show that the seller may prefer to delay introducing a new product, even though the underlying technologies for the product are already a...