When an improvable durable good (such as packaged software) saturates the market, the seller could be tempted to release new versions too frequently, hurting her profit. A novel contractual device, which we term as a Free New Version Rights warranty (Free NVR warranty), can help the seller...

In this paper, I investigate the effect warranties have on durable goods markets. Many if not goods that are sold with a warranty are durable goods, thus, it is extremely important to consider the role of warranties in a durable goods setting. This paper analyzes the signaling role of warranties...

What is the role of information disclosure for a multi-product seller? Westudy the optimal combination of selling mechanism and information disclosurepolicy for a profit-maximizing monopolist with products of distinct qualities.Provided that the buyer has unit demand and multiplicative...