Firms signal high quality through high prices even if the market structure is highly competitive and price competition … is severe. In a symmetric Bertrand oligopoly where products may differ only in their quality, production cost is … increasing in quality and the quality of each firm’s product is private information (not known to consumers or to other firms …

We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in … knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know …-inefficiency of the price/quality offers. But, better price/quality combinations are signalled with lower prices in one type and with …

Ample evidence is available for the effect of competition on educational quality as only a few countries allow large …

on the households' marginal willingness to pay for quality of apartments. We find that, on average, households place a … monetary value on quality which is close to the non-profit housing associations' costs of providing quality. …

thetrue quality of the tourist goods increases the convenience for producers to cut back on quality. Tocontinue to serve high … quality goods and keep up the reputation of the destination as demandcontinues to grow, producers need to gain a mark-up on … increasinglysusbstituted by visitors with lesser quality expectations. In the end, the dynamics explained withthis approach are consistent with …

downgrades quality whereas the seller sometimes upgrades it. Our model of targeting with endogenous product quality provides some … new insights into the way the transition from mass to specialized advertising can affect market outcomes. Quality …

We investigate the impacts of five airline mergers on one quality dimension, namely route frequency. We use monthly … quality and price setting. For the market structure effect, we use two distinct set-ups. In the first set-up, the effects of …

We examine the relationship between the total size of an airline and its service quality by analysing over 4.8 million … assets or total number of full-time equivalent employees. Delays are a widely used proxy for service quality and the most … delay occurrence. Hence, larger airlines seem to offer a higher quality in terms of delays. We also find that an origin …

damage quality when information is poor. Evidence on whether this fear is well-founded is scarce. We provide evidence using a … research that has relied on indicators of the quality of urgent treatments, we take advantage of the plausible absence of … selection bias in our setting to identify the effect on quality of non-acute hip replacements. Using administrative data on all …