Optimal warranties, reliabilities and prices for durable goods in an oligopoly

DOI10.1016/S0377-2217(97)00418-9zbMath0949.90024OpenAlexW2073713187MaRDI QIDQ1806668

Gregory A. DeCroix

Publication date: 29 November 1999

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0377-2217(97)00418-9

zbMATH Keywords

reliabilitypriceNash equilibriamarketoligopolygame-theoretic modellattice programmingproduct warrantydurable goods manufacturers

Mathematics Subject Classification ID

Reliability, availability, maintenance, inspection in operations research (90B25) Marketing, advertising (90B60) Decision theory for games (91A35)

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Servitization as an alternative business model and its implications on product durability, profitability \& environmental impact ⋮ Optimal design of sales and maintenance under the renewable warranty ⋮ Warranty pricing with consumer learning ⋮ Two-stage pricing for custom-made products ⋮ A hybrid approach for joint optimization of base and extended warranty decisions considering out-of-warranty products ⋮ Optimal pricing, EOL (end of life) warranty, and spare parts manufacturing strategy amid product transition ⋮ Dynamic pricing and warranty policies for products with fixed lifetime ⋮ A road map to new product success: warranty, advertisement and price

Cites Work

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• Product Price and Warranty Terms: An Optimization Model
• Minimizing a Submodular Function on a Lattice