Journal: International Journal of Production Economics

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Abbreviation

Int. j. prod. econ.

Publisher

Elsevier

Journal Volumes

ISSN

0925-5273
1873-7579

Description

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Publications 1 - 10 of 30
  • Liu, Bin; Shen, Lijuan; Xu, Jianyu; et al. (2020)
    International Journal of Production Economics
    This paper aims to investigate the emerging trend of a new warranty policy in industries, namely, complimentary extended warranty. For the warranty with complimentary extended service, customers can enjoy a free extended warranty if they register online before expiration of the base warranty. At present, with frequent technological innovations, customers are more willing to replace the product instead of repair, which makes traditional warranty less attractive. Since the warranty with complimentary extended service does not charge extra fees for the customers and the option of online registration is open to customers, it can attract a broad range of customers. Compared with traditional warranties, the proposed warranty provides flexibility for customers in their post-purchase choice of online registration. We develop a warranty model to investigate the popularity of the warranty. It turns out that the proposed warranty model exhibits advantages over the traditional warranties. The proposed warranty is profitable for risk averse customers and for products that heap benefits from customer information. We design and price the warranty for unit product when the customers have heterogeneous risk attitudes. In addition, we analyze the total profit and determine the optimal selling price considering the customer demand. Finally, a numerical example is presented to illustrate the effectiveness of the proposed warranty policy. © Elsevier 2020
  • Mizgier, Kamil J.; Wagner, Stephan M.; Holyst, Janusz A. (2012)
    International Journal of Production Economics
  • Link, Patrick; Marxt, Christian (2004)
    International Journal of Production Economics
  • Thiesse, Frédéric; Fleisch, Elgar (2008)
    International Journal of Production Economics
  • Manecke, Nicola; Schoensleben, Paul (2004)
    International Journal of Production Economics
  • Wagner, Stephan M.; Neshat, Nikrouz (2010)
    International Journal of Production Economics
  • Bokusheva, Raushan; Kumbhakar, Subal C.; Lehmann, Bernard (2012)
    International Journal of Production Economics
    This paper analyzes the evolution of Swiss farm productivity during the implementation of environmental policy reforms, when subsidization of farms became dependent on compliance with environmental regulations. We employ a production model formulation with technology parameters defined as the functions of subsidies, as well as individual farm characteristics. Our estimates for two groups of farms – dairy and crop farms – show that payment of subsidies via compliance in environmental regulations induced major changes in the production technology and productivity of inputs, especially land, labor and fertilizer. The overall effect of the subsidies on the output has been found to be negative. Additionally, we find that farms do not use their resources optimally, indicating some deficiencies in structural adjustments, primarily in the land and labor markets.
  • Kumar, Gopal; Subramanian, Nachiappan; Arputham, Ramkumar Maria (2018)
    International Journal of Production Economics
  • Marodin, Giuliano; Frank, Alejandro G,; Tortorella, Guilherme L.; et al. (2018)
    International Journal of Production Economics
  • Wagner, Stephan M.; Sutter, Reto (2012)
    International Journal of Production Economics
Publications 1 - 10 of 30