Pangburn, Michael S.; Stavrulaki, Euthemia - In: European Journal of Operational Research 238 (2014) 1, pp. 175-184
regarding product durability. In the absence of EPR, prior literature has shown that a firm may intentionally lower durability … durability and pricing decisions, under both selling and leasing scenarios. We show that compared to selling, leasing provides a … greater incentive to raise durability, thus extending a classic insight to a setting with product take backs. Interestingly …