Leasing versus selling and firm efficiency in oligopoly

Citation
K. Saggi et N. Vettas, Leasing versus selling and firm efficiency in oligopoly, ECON LETT, 66(3), 2000, pp. 361-368
Citations number
5
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
66
Issue
3
Year of publication
2000
Pages
361 - 368
Database
ISI
SICI code
0165-1765(200003)66:3<361:LVSAFE>2.0.ZU;2-F
Abstract
We examine sales and leasing of a durable good in an asymmetric duopoly. We show that the inefficient firm leases more than the efficient firm, and th at an increase in unit costs implies a higher ratio of leased units to sale s. (C) 2000 Elsevier Science S.A. All rights reserved.