Insurance in vertically differentiated repair markets

Oliver Urmann

Economics Letters, 2012, vol. 116, issue 1, 121-123

Abstract: In vertically differentiated repair markets with insured customers, insurance coverage increases price level, entry, and the high quality provider’s profits. In the market for pharmaceuticals, this should be taken into account when calculating the extent of patent periods.

Keywords: Insurance; Repair markets; Vertical differentiation (search for similar items in EconPapers)
JEL-codes: D11 D43 G22 I11 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:116:y:2012:i:1:p:121-123

DOI: 10.1016/j.econlet.2012.02.004

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