In this paper, we investigate whether and how the presence of remanufactured products and the identity of the remanufacturer influence the perceived value of new products through a series of behavioral experiments. Our results demonstrate that the presence of products remanufactured and sold by the original equipment manufacturer (OEM) can reduce the perceived value of new products by up to 8%. However, the presence of thirdparty-remanufactured products can increase the perceived value of new products by up to 7%. These results suggest that deterring third-party competition via preemptive remanufacturing may reduce profits, whereas the presence of third-party competition may actually be beneficial for an OEM.
机构:
NYU, Stern Sch Business, Dept Mkt, New York, NY 10012 USA
NYU, Dept Psychol, New York, NY 10012 USANYU, Stern Sch Business, Dept Mkt, New York, NY 10012 USA
Alter, Adam L.
Oppenheimer, Daniel M.
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机构:
Princeton Univ, Dept Psychol, Princeton, NJ 08544 USA
Princeton Univ, Woodrow Wilson Sch Publ & Int Affairs, Princeton, NJ 08544 USANYU, Stern Sch Business, Dept Mkt, New York, NY 10012 USA
Oppenheimer, Daniel M.
Zemla, Jeffrey C.
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h-index: 0
机构:
Rice Univ, Dept Psychol, Houston, TX 77251 USANYU, Stern Sch Business, Dept Mkt, New York, NY 10012 USA
机构:
NYU, Stern Sch Business, Dept Mkt, New York, NY 10012 USA
NYU, Dept Psychol, New York, NY 10012 USANYU, Stern Sch Business, Dept Mkt, New York, NY 10012 USA
Alter, Adam L.
Oppenheimer, Daniel M.
论文数: 0引用数: 0
h-index: 0
机构:
Princeton Univ, Dept Psychol, Princeton, NJ 08544 USA
Princeton Univ, Woodrow Wilson Sch Publ & Int Affairs, Princeton, NJ 08544 USANYU, Stern Sch Business, Dept Mkt, New York, NY 10012 USA
Oppenheimer, Daniel M.
Zemla, Jeffrey C.
论文数: 0引用数: 0
h-index: 0
机构:
Rice Univ, Dept Psychol, Houston, TX 77251 USANYU, Stern Sch Business, Dept Mkt, New York, NY 10012 USA