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Published in 2019 at "Journal of Financial Economics"
DOI: 10.1016/j.jfineco.2018.11.006
Abstract: Abstract I extend the consumption capital asset pricing model to incorporate expanding product variety over time and states of nature. In the model, consumers have a love of variety, and consumption consists of different components:…
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Keywords:
goods asset;
consumption;
asset;
new goods ... See more keywords
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Published in 2018 at "European Journal of Marketing"
DOI: 10.1108/ejm-01-2017-0048
Abstract: Second-hand/used goods channels compete with existing traditional channels to satisfy consumers’ needs that are unmet by traditional retail networks. However, most studies on online shopping have largely ignored online second-hand/used good purchases. This study aims…
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Keywords:
new goods;
acquisition value;
value;
second hand ... See more keywords