ADD‐ON PRICING OVER REGIONAL BUSINESS CYCLES: EVIDENCE FROM EXTENDED WARRANTIES

Add ons are features or services that can enhance the functionality or quality of base goods. They are pervasive. Yet we know little about the behavior of add‐on prices over the business cycle. We use 10 years of data from a nationwide Canadian retailer to investigate the local cyclicality of extend...

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Bibliographic Details
Published in:International economic review (Philadelphia) 2024-11, Vol.65 (4), p.2019-2046
Main Authors: Bošković, Branko, Kapoor, Sacha, Markiewicz, Agnieszka, Scholnick, Barry
Format: Article
Language:English
Subjects:
Business cycles
Durable goods
Economic analysis
Inflation
Inflation rates
Price elasticity
Prices
Retail stores
Retailing industry
Warranties
Warranty
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