Hahn, Jong-Hee - Centre for Economic Research, School of Economics and … - 2002
introduction of damaged goods expedites lowvaluation consumers? future demands, and helps the firm to mitigate the Coasian time …-consistency problem. In such a case, damaged goods are more likely to be observed relative to the static setting where only the price … goods is more likely to occur but less promising to the society, relative to the case of nondurable goods where damaged …