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dc.contributor.authorBaake, Pioen
dc.date.accessioned2008-07-09-
dc.date.accessioned2009-08-06T13:19:55Z-
dc.date.available2009-08-06T13:19:55Z-
dc.date.issued2008-
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
dc.language.isoengen
dc.publisher|aDeutsches Institut für Wirtschaftsforschung (DIW) |cBerlinen
dc.relation.ispartofseries|aDIW Discussion Papers |x782en
dc.subject.jelL13en
dc.subject.jelL42en
dc.subject.jelD43en
dc.subject.ddc330en
dc.subject.keywordaftermarketsen
dc.subject.keywordmonopolizationen
dc.subject.keywordliabilityen
dc.subject.stwKraftfahrzeugteilen
dc.subject.stwMarkten
dc.subject.stwMonopolen
dc.subject.stwProduktqualitäten
dc.subject.stwStraßenverkehrsunfallen
dc.subject.stwHaftungen
dc.subject.stwWohlfahrtseffekten
dc.subject.stwTheorieen
dc.titleAccidents, liability obligations and monopolized markets for spare parts: profits and social welfare-
dc.type|aWorking Paperen
dc.identifier.ppn57152611Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:diw:diwwpp:dp782en

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