Showing 1 - 3 of 3
Two firms produce a good with a horizontal and a vertical characteristic called quality. The difference in the unobservable quality levels determines how the firms share the market. We consider two scenarios: In the first one, firms disclose quality; in the second one, they send costly signals...
Persistent link: https://www.econbiz.de/10013111237
Persistent link: https://www.econbiz.de/10012205972
Persistent link: https://www.econbiz.de/10013500892