study indicate that online medicine prices in Mexico respond very rapidly to online prices changes in the high-price market. …

price and quantity information to estimate the quality of products exported to the U.S. Higher quality is assigned to … products with higher market shares conditional on price. The estimated qualities reveal substantial heterogeneity in product …

Individuals who are unaware of the price do not derive more enjoyment from more expensive wine. In a sample of more … than 6,000 blind tastings, we find that the correlation between price and overall rating is small and negative, suggesting … effects, and are not driven by outliers: when omitting the top and bottom deciles of the price distribution, our qualitative …

Häufig kann beobachtet werden, dass Konsumenten aufgrund unzureichender Produktinformationen den Preis als … Preis als Qualitätsindikator geeignet ist. Zum anderen wird auf Basis einer empirischen Untersuchung insbesondere analysiert …In the absence of sufficient information, it can often be noticed that consumers interpret the price of a product as a …

indices that correctly reflect the true price movements of IT products. This paper assesses the differences between … traditional and quality adjusted indices by providing results for PC hardware. Transaction price data for the period from 1985 to … 1994 are used to construct price indices for personal computers in Germany. The use of hedonic methods allows to correct …

How do judgment devices influence price formation? We investigate this question through a study of the German wine … is much more powerful in explaining price formation within the market. …Welchen Einfluss haben Klassifikationssysteme auf den Preis eines Produktes? Wir gehen dieser Frage anhand einer …