Read this article
- Access statistics
- 5,239 article downloads
- 10,996 complete issue downloads
- Total: 16,235
THERE ARE SERIOUS FLAWS IN WOLFGANG PESENDORFER’S (2004) Reply to our Comment on his article “Design Innovations and Fashion Cycles” (1995). Here we address several flaws in Pesendorfer’s Reply and expand our Comment’s critique of his 1995 model.