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
Hauptverfasser: Douglas, Evan J., Glennon, Dennis C., Lane, Julia I.
Format: Artikel
Sprache:eng
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