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Damaged Goods

Raymond J. Deneckere and Randolph McAfee

Journal of Economics & Management Strategy, 1996, vol. 5, issue 2, 149-174

Abstract: Manufacturers may intentionally damage a portion of their goods in order to price discriminate. Many instances of this phenomenon are observed. It may result in a Pareto improvement. Copyright 1996 The Massachusetts Institute of Technology.

Date: 1996
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