price discriminate while the low-quality entrant sets a uniform price. The incumbent may act as a predator, that is, it may … show that when the incumbent may choose whether to price discriminate or not before the game starts, if the quality cost …

In this paper, we present a standard quality ladders endogenous growth model with one significant new assumption, that …

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …

terms of a public good quality are done by a central planner. More specifically, they ask the question whether a local …, through a comparison of social welfare given the strategies chosen by the locals governments, that whatever the quality of the …

If a product has two dimensions of quality, one observable and one not, a firm can use observable quality as a signal … of unobservable quality. The correlation between consumers' valuation of high quality in each dimension is a key … determinant of the feasibility of such signaling. A firm may use price alone as a signal, or price and quality together. Both …