Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Economics, 2011. / Cataloged from PDF version of thesis. / Includes bibliographical references (p. 52-53). / Firms in the hard disk drive industry are continually engaging in R & D and improving the quality of their products. We explore various determinants of the product innovation incentives for firms concerned with both their static and expected future profitability. We estimate the observed innovation outcomes as a function of market condition variables which have significant impact on innovation decisions. In addition, we estimate logit utilities that describe the marginal willingness to pay for quality improvements. One aspect of utility is that the willingness to pay for faster access time to data may be initially low but increases over time. The firms' decisions to introduce faster access time are partly motivated by dynamic considerations. / by Xiaohua Sherry Wu. / S.M.
| Identifer | oai:union.ndltd.org:MIT/oai:dspace.mit.edu:1721.1/69479 |
| Date | January 2011 |
| Creators | Wu, Xiaohua Sherry |
| Contributors | Panle Jia Barwick and Stephen P Ryan., Massachusetts Institute of Technology. Dept. of Economics., Massachusetts Institute of Technology. Dept. of Economics. |
| Publisher | Massachusetts Institute of Technology |
| Source Sets | M.I.T. Theses and Dissertation |
| Language | English |
| Detected Language | English |
| Type | Thesis |
| Format | 53 p., application/pdf |
| Rights | M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission., http://dspace.mit.edu/handle/1721.1/7582 |
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