Warranty, quality and price in the US automobile market
The observed negative relationship between quality and warranty in the US auto market is analysed using a cost-based approach developed by Cooper and Ross. The theory of warranty and quality choice by producers and consumers is extended by endogenizing the joint price, quality and warranty decision....
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Veröffentlicht in: | Applied economics 1993-01, Vol.25 (1), p.135-141 |
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Format: | Artikel |
Sprache: | eng |
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