Read this article
- Access statistics
- 4,536 article downloads
- 9,941 complete issue downloads
- Total: 14,477
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.