Imkamp, Heiner - In: Jahrbücher für Nationalökonomie und Statistik 229 (2009) 4, pp. 410-425
Summary Not only that consumers take it often for granted that product prices are good indicators of product quality, but also many experts in consumer economics expect a high positive price-quality relationship. However, for more than 50 years numerous studies in more than 10 countries all over...