Analysis of Product Warranties With Screening And Signaling
Warranty is an important element of marketing products as better warranty signals higher product quality and provides greater profit to manufacturers. These two uses of warranties are screening and signaling. Based on the game of product warranty between seller and buyer, optimal contracts of screening when quality is observable and optimal contracts of signaling when quality is unobservable are analyzed, and the law of product warranty for screening and signaling is disclosed.
product warranties screening signaling optimal contract
WANG Haiyan SUN Shulei
School of Management Engineering,Nanjing University of Finance and Economics,Nanjing,P.R.China,21004 School of Management Engineering,Nanjing University of Finance and Economics,Nanjing,P.R.China, 2100
国际会议
2010 International Conference on Management(2010管理国际大会)
上海
英文
109-112
2010-07-24(万方平台首次上网日期,不代表论文的发表时间)