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dc.contributor.authorBaake, Pioen_US
dc.date.accessioned2008-07-09en_US
dc.date.accessioned2009-08-06T13:19:55Z-
dc.date.available2009-08-06T13:19:55Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/27306-
dc.description.abstractWe analyze the effects of accidents and liability obligations on the incentives of car manufacturers to monopolize the markets for their spare parts. We show that monopolized markets for spare parts lead to higher overall expenditures for consumers. Furthermore, while the manufacturers invest more in order to offer cars with higher qualities, monopolization tends to reduce social welfare. Key for these results is the observation that high prices for spare parts entail a negative external effect inasmuch as liability obligations imply that consumers of competing products have to pay the high prices as well.en_US
dc.language.isoengen_US
dc.publisherDeutsches Institut für Wirtschaftsforschung (DIW) Berlinen_US
dc.relation.ispartofseriesDiscussion papers // German Institute for Economic Research 782en_US
dc.subject.jelL13en_US
dc.subject.jelL42en_US
dc.subject.jelD43en_US
dc.subject.ddc330en_US
dc.subject.keywordaftermarketsen_US
dc.subject.keywordmonopolizationen_US
dc.subject.keywordliabilityen_US
dc.subject.stwKraftfahrzeugteilen_US
dc.subject.stwMarkten_US
dc.subject.stwMonopolen_US
dc.subject.stwProduktqualitäten_US
dc.subject.stwStraßenverkehrsunfallen_US
dc.subject.stwHaftungen_US
dc.subject.stwWohlfahrtseffekten_US
dc.subject.stwTheorieen_US
dc.titleAccidents, liability obligations and monopolized markets for spare parts: profits and social welfareen_US
dc.typeWorking Paperen_US
dc.identifier.ppn57152611Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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