WHY ARE EXTENDED WARRANTIES SO EXPENSIVE

Authors
CHEN ZQ ROSS TW
Citation
Zq. Chen et Tw. Ross, WHY ARE EXTENDED WARRANTIES SO EXPENSIVE, Economics letters, 45(2), 1994, pp. 253-257
Citations number
4
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
45
Issue
2
Year of publication
1994
Pages
253 - 257
Database
ISI
SICI code
0165-1765(1994)45:2<253:WAEWSE>2.0.ZU;2-B
Abstract
Intense users place greater demands than other users on repair service s during the period covered by the manufacturer's basic warranty. An e xtended warranty with a price exceeding expected cost permits the reco very of the extra costs of servicing more intense users.