17 low- and median-income countries and tested them for visual appearance, disintegration, and analyzed their ingredients … 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 …

insights help explain observed heterogeneity in pricing dynamics. We show that average price elasticities vary from 0.6 to 1 …

devaluations is the slow adjustment in the price of nontradable goods and services. Our empirical analysis uses data from five …

We study the positive and normative effects of counterfeiting, i.e.,trademark infringement, in markets where consumers … counterfeiting: enforcement policy which increases the likelihood of confiscation of illegal items, and the imposition of a tariff on …

heterogeneous impacts of counterfeiting on the sales and consumer purchase intent related to branded products of various quality … outweighs the advertising effect for low-end product sales. The positive effect of counterfeits is most pronounced for high-fashion …

authentic-product price dynamics. We propose a Bayesian random-changepoint simultaneous equation model that simultaneously takes … counterfeiting, the proposed methodology improves the estimation of dynamic effects under heterogeneous response times by firms. We …

under competition with non-deceptive counterfeiting and deceptive counterfeiting, respectively, as well as under monopoly … branding. A key theoretical prediction is that emerging markets can be self-corrective with respect to counterfeiting issues in …

principles of microeconomic theory and uses aggregated product-level data to estimate counterfeiting activities in various … firm operating in 16 countries during the period 2006-2011. Our models predict larger amounts of counterfeiting in … countries with higher corruption norms, lower government control and effectiveness. Predictions of the level of counterfeiting …