Planned Obsolescence, Total Quality, Zero Defects and Global Competition
نویسندگان
چکیده
منابع مشابه
Planned Obsolescence and the Provision of Unobserbable Quality
This paper develops the idea that obsolescence acts as an incentive device to provide quality for experience goods. The argument is that obsolescence affects the frequency at which consumers repurchase products and may punish producers for a lack of quality. A higher rate of obsolescence enables a firm to convince its consumers that it provides high quality. We identify a trade–off between qual...
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The incentives that durability offers to a monopolist to price discriminate over time and the related difficulties that secondhand markets create in these situations have been well recognized in the economics literature. The conventional problem for the monopolist is that, having sold a durable good, there is an incentive to reduce price later to bring into the market those consumers who would ...
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This paper develops the idea that obsolescence acts as an incentive device to provide quality for experience goods. The argument is that obsolescence affects the frequency at which consumers repurchase products and may punish producers for a lack of quality. A higher rate of obsolescence enables a firm to convince its consumers that it provides high quality. We identify a trade–off between qual...
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One of the negative side effects of the consumer society and the increasing number of consumer goods available to the average household is the intransparency of product quality, especially product lifetime. There are many examples on failing products and premature obsolescence. Often this phenomenon is related to companies’ profit maximization strategies (planned obsolescence) and consumer prot...
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The humanities have not enjoyed preeminence in academe since the Scientific Revolution marginalized the old trivium. But they long continued to play a subordinate educational role by helping constitute the distinguishing culture of the elite. Now even this subordinate role is becoming expendable as devotees of the profit motive seek to reduce culture to technological delivery of cultural produc...
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ژورنال
عنوان ژورنال: Symphonya. Emerging Issues in Management
سال: 2018
ISSN: 1593-0319,1593-0300
DOI: 10.4468/2018.02.03