Product recall known as a kind of a product-harm crisis must be a tragic situation for a company recalling defected products because the company not only loses sales revenue, market share and investments but also suffer from the devaluation of their brand reputation and their investments in...

This paper investigates the impact of the unique vehicle quota system of Shanghai, China, on two Chinese markets of passenger vehicles. The empirical findings suggest that conditional on purchase of the license quota, consumers intend to purchase high-end vehicles with high price since the...