We investigate the choice of quality, or academic content, in higher education in a two-sector model. Individuals are … differentiated according to their cost of acquiring human capital. A higher academic quality increases productivity upon training … quality is tailored to the individual need, and a uniform quality system being politically determined. The former yields a …

We explore whether the global financial crisis has had heterogeneous effects on traded goods differentiated by quality …. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher … quality exports grew faster before the crisis, but this trend reversed during the recession. Quantitatively, the effect is …

the effect of connecting a household to the grid and the quality of electricity, defined as hours of daily supply. The … quality of electricity (in terms of fewer outages and more hours per day) increases non-agricultural incomes by about 28 …

contribution of the number of firm-products, their average attributes (quality and efficiency) and heterogeneity around the mean … variation in sales, while the remaining part is equally accounted for by average attributes and their dispersion. Quality is the … distribution of firms’ sales, especially due to heterogeneity in quality. These countries also tend to be more likely to host …

product quality explain twice as much of the variation in export revenues than cost. …

I consider a contest in which the quantity of output is rewarded and another in which the quality of output is rewarded …. The output in the quality contest plays a dual role. It counts in the quality contest but it is also converted into … . I find that when the unit cost of producing quality is sufficiently high, then treating quality and quantity as the same …

Economists have emphasized the role of dissipative advertising and price as signals of quality. Most works, however …), advertising appears to be necessary together with price to signal quality. Equilibrium profits depend on cost but not on quality …, limit the number of types to two options: high and low quality. Yet, production costs and quality both result from R …

We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … the open-loop solution (providers choose the optimal quality investment plan based on demand at the initial period) and … the feedback closed-loop solution (providers observe demand in each period and choose quality in response to current …

We analyse the effect of competition on quality in hospital markets with regulated prices, considering both the effect … structure, we show that the relationship between competition and quality is generally ambiguous. In contrast to the received …

conformity. In equilibrium, both quality and cost leaders choose higher advertising intensities and charge higher prices than …