Scholarly Comments on Academic Economics

Rejoinder to Pesendorfer

by , , and
edited by

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Abstract

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.

This article is a response to Response to “Fashion Cycles in Economics” by Wolfgang Pesendorfer (EJW, December 2004).

Response to this article by Wolfgang Pesendorfer: Second Reply to Coelho, Klein, and McClure (EJW, April 2005).