On the Limitation of Warranty Duration.

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Emons, Winand;
(1989)
  • Journal: Journal of Industrial Economics,volume 37,issue 3 March,pages287-301

This paper analyzes the frequently-observed phenomenon that firms offer product warranties that are of much shorter duration than the life expectancy of these products. It is shown that competitive equilibria may entail limitation of warranty duration if firms face adve... View more
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