The Sale of Durable Goods by a Monopolist in a Stochastic Environment Staff Working Paper 1998-18 Gabriel Srour This paper examines the sale of durable goods by a monopolist in a stochastic partil equilibrium setting. It analyzes the responses of prices and output to various types of shocks and notes the differences with non-durable goods and competitive markets. It shows that behavior in this model with constant marginal costs of production is in […] Content Type(s): Staff research, Staff working papers Research Topic(s): Market structure and pricing JEL Code(s): D, D4