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improvements in product quality, or by distributor, product and match-specific effects. FOB prices responses to relationship … increases over time. Following their first relationship in the market, wineries are re-matched to distributors of higher quality …
Persistent link: https://www.econbiz.de/10008468665
We study a model of film production, distribution and consumption. The studio can release two goods, a theatrical and a video version, and has to decide on its versioning and sequencing strategy. In contrast with the previous literature, we allow for the possibility that consumers watch both...
Persistent link: https://www.econbiz.de/10008854538
We apply a simple method to study the relative quality of Chinese versus European products exported in the clothing … change of export prices and quantities sold in narrowly defined product categories as an indicator of quality shifts. Using … indication of China moving up the quality ladder in its clothing exports relative to the EU. While European ‘core’ products in …
Persistent link: https://www.econbiz.de/10009399710
This paper characterizes price competition between an expert and a non-expert. In contrast with the expert, the non-expert’s repair technology is not always successful. Consumers visit the expert after experiencing an unsuccessful match at the non-expert. This re-entry affects the behaviour of...
Persistent link: https://www.econbiz.de/10005662068
perfection has been achieved the individual will aim for higher quality since the effort is more likely to be worthwhile. Because … standards may nonetheless decline. This mechanism is captured in an oligopoly model, where the failure rate and the quality are …
Persistent link: https://www.econbiz.de/10005666828
providers of contents incentives to invest in higher quality and, as a result, force competitors to reduce their prices …
Persistent link: https://www.econbiz.de/10005789055
We present a model of optimal contracting between a purchaser and a provider of health services when quality has two … dimensions. We assume that one dimension of quality is verifiable (dimension 1) and one dimension is not verifiable (dimension 2 … quality 1 increases or decreases the provider's marginal disutility and the patients' marginal benefit from quality 2 (i …
Persistent link: https://www.econbiz.de/10005791404
-stage model with quality choice made before price competition takes place, we show that EU anti-dumping policy that takes the form … impact of the A-D policy on quality choices is taken into account, European Welfare as well as profits accruing to the …
Persistent link: https://www.econbiz.de/10005791460
‘leapfrogging’ in terms of product qualities. This note presents an example where a minimum quality standard facilitates …
Persistent link: https://www.econbiz.de/10005791553
quality. Under reasonable assumptions on demand, investment incentives turn out to be smaller under vertical separation than …
Persistent link: https://www.econbiz.de/10005791685