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Tariffs, factor prices, and welfare in a spatial oligopoly

✍ Scribed by Klaus Schöler


Publisher
Springer
Year
1997
Tongue
English
Weight
263 KB
Volume
31
Category
Article
ISSN
0570-1864

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This paper addresses the problem of durable goods manufacturers in an oligopoly seeking optimal values for three decision variables: product warranty, reliability and price. Each ®rm seeks a warranty-reliability-price combination that maximizes expected pro®t subject to quite general constraints on