Warranties and Product Quality

碩士 === 淡江大學 === 產業經濟研究所 === 83 === In this paper we present a signaling ,based on ideas of Esther G al-Or ,in which both the price and the level of warranties are ch oice variables and the warranties be used as signals for the init ially u...

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Bibliographic Details
Main Authors: Chen yi-fen, 陳宜芬
Other Authors: Chiang Ting-Fang
Format: Others
Language:zh-TW
Published: 1995
Online Access:http://ndltd.ncl.edu.tw/handle/40006408064311408701
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Summary:碩士 === 淡江大學 === 產業經濟研究所 === 83 === In this paper we present a signaling ,based on ideas of Esther G al-Or ,in which both the price and the level of warranties are ch oice variables and the warranties be used as signals for the init ially unobservable durability of the goods .We demonstrate throug h an example that in oligapolistic model ,it is only in special c ase that warranties can serve as signal of quality .The provisio n of warranties can serve as a signal of durability only in cases in which the intrinsic attributes of products are widely enough and the period the consumers make their buying decision are not t oo long .If the intrinsic attributes of producta are too clustere d ,the provision of warranties can not serve as a signal of durab ility .When the intrinsic attribtes of products are very far apar t ,whether the provision of warranties can serve as a signal of d urability or not depend on the period the consumers make their b uying decision .If the period are not too long ,the provision of warranties can serve as a signal of durability ,otherwise ,the pr ovision of warranties can not serve as a signal of durability .We also demonstrate that when the provision of warranties can not s erve as a signal of durability and the period the consumers make their buying decision are not too long ,the provision of warranti es will not causes the signal cost.