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How Do Firm Financial Conditions Affect Product Quality and Pricing?

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NBER2011-07-01 更新2025-01-04 收录
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We analyze the interaction of firm product quality and pricing decisions with financial distress and bankruptcy in the airline industry. We consider an airline's choices of quality and price as dynamic decisions that trade off current cash flows for future revenue. We examine how airline mishandled

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2011-07-01
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