application to the theory of the firm where it was demonstrated that a systematic relationship exists between the intensity of the …

financial and retail gasoline, governments and consumer protection agencies call for compulsory price reporting. Consumers could … then more easily compare the firms' offers. We showthat for a given level of price comparison, mandatory price reporting … of price comparison in equilibrium. This effect may dominate so that the regulation lead to higher expected market prices. …

We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in …-inefficiency of the price/quality offers. But, better price/quality combinations are signalled with lower prices in one type and with …

This paper takes advantage of a natural experiment to examine the relationship between the price and saliency of health …