THE THEORY OF WARRANTY CONTRACTS
作者:
Winand Emons,
期刊:
Journal of Economic Surveys
(WILEY Available online 1989)
卷期:
Volume 3,
issue 1
页码: 43-57
ISSN:0950-0804
年代: 1989
DOI:10.1111/j.1467-6419.1989.tb00057.x
出版商: Blackwell Publishing Ltd
关键词: warranties;insurance;signalling;incentives;marketing
数据来源: WILEY
摘要:
Abstract.This paper surveys theories of the existence and design of warranty contracts. Insurance, signalling, and incentive motives are used to explain the existence of warranties. The incorporation of imperfections that prevent warranties from serving their basic purposes in a first‐best way describes actual warranty practice
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