Dana, James D. (contributor) - 2001 - [Elektronische Ressource]
assumption that consumers do not observe firms’ inventory decisions.
4
Asymmetric information about inventories changes the way … of 75%).
There are two effects here. Asymmetric information lowers the equilibrium service rates
which lowers the … expected costs of unsold inventory and pushes prices down. However,
asymmetric information raises the price that firms charge …