Vaillant, Nicolas G.; Lesot, Philippe; Bonnard, Quentin; … - In: Applied economics 42 (2010) 4/6, pp. 739-745
endogenous factor, plays a less important role than information on true quality for the explanation of price dispersion. This … quality of a stallion is stable over time, contrary to nondurable products like wine or cigars. This explains also why …