研討日期

20236512:40~ 13:50

研討地點

國立臺灣大學社會科學院710會議室

主講題目

Title of the paper

The Effects of Repair Clause on Durable Goods Markets and Aftermarkets

作者

Authors of the paper

高國峯

文獻出處

Journal, vol.(issue), pp

Working paper

 

主講人

高國峯教授

參加人員

黃鴻、林燕淑、彭正浩、王光正、張瑞雲、施全、郭文忠、許至乙、蘇家Suttiwan SuwannajoiBui Dang Long

摘要

Abstract of the paper

We use a two-periods model to investigate the effect of Repair Clause on the quality of durable goods, the profit of durable goods monopolist, the consumer surplus, and social welfare. We find that Repair Clause will not affect the quality level of durable goods. Moreover, Repair Clause increases the profit of durable goods monopolist since it helps the monopolist to differentiate high willingness to pay consumers and low willingness to pay consumers. Finally, we show that Repair Clause does not necessarily increase the consumer surplus and social welfare depending on the quality of aftermarkets parts and the marginal production cost of OEM (Original Equipment Manufacturing) parts.