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 …, limit the number of types to two options: high and low quality. Yet, production costs and quality both result from R … quality and marginal cost are both subject to chance. In a static framework (no repeat purchases and no informed consumers …

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 …

This paper analyzes persuasive advertising and pricing in oligopoly if firms sell differentiated products and consumers … conformity. In equilibrium, both quality and cost leaders choose higher advertising intensities and charge higher prices than …