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Damaged Goods

Author

Listed:
  • Raymond J. Deneckere
  • R. Preston McAfee

Abstract

Manufacturers may intentionally damage a portion of their goods in order to price discriminate. Many instances of this phenomenon are observed. It may result in a Pareto improvement. Copyright 1996 The Massachusetts Institute of Technology.

Suggested Citation

  • Raymond J. Deneckere & R. Preston McAfee, 1996. "Damaged Goods," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 5(2), pages 149-174, June.
  • Handle: RePEc:bla:jemstr:v:5:y:1996:i:2:p:149-174
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    References listed on IDEAS

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