and referral agencies (R&Rs) in some markets. R&Rs provide consumers with information on availability, price, and … information reduces price dispersion, maximum price, and average price. With this model we examine empirically the effects of R … price dispersion and lower maximum prices. There is also some evidence that markets with R&Rs have lower average prices …

(QHFT) model, we classify export goods (at the HS 6-digit level of disaggregation) by quality and price competition. We find …

cross-country differences in income distributions to variations in import variety and price distributions. The theoretical … import price distributions. Similarly, the importers whose income distributions look more like the world buy from more … exporters and have import price distributions that look more like the world …

This paper examines the relationship between drug price and drug quality and how it varies across two of the most … standards and price control mechanisms (MES+PC). Through a simple model of adverse selection we model the interaction between … greater incentives to produce high quality drugs. Second, an MES+PC mix reduces the difference in price between the highest …

We present a theory of context-dependent choice in which a consumer's attention is drawn to salient attributes of goods …, such as quality or price. An attribute is salient for a good when it stands out among the good's characteristics, in the … are characterized by only one quality attribute and price, salience tilts choices toward goods with higher ratios of …

but the signaling effect of price is far from complete, especially for non-innovator brands. The look of the pharmacy, as … are likely to suspect low quality from market price, non-innovator brand and the look of the pharmacy, but none of these …

price and quantity information to estimate the quality of products exported to the U.S. Higher quality is assigned to … products with higher market shares conditional on price. The estimated qualities reveal substantial heterogeneity in product …