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choice and thereby increase the product's value to others. A monopolist restricts the product portfolio and charges price …
Persistent link: https://www.econbiz.de/10010227729
Consider a two-product firm that decides on the quality of each product. Product quality is unknown to consumers. If the firm sells both products under the same brand name, consumers adjust their beliefs about quality subject to the performance of both products. We show that if the probability...
Persistent link: https://www.econbiz.de/10010365881
Persistent link: https://www.econbiz.de/10000913988
We examine the interplay of imperfect competition and incomplete information in the context of price competition among … vertical quality (e.g., consumer satisfaction), which is signaled via price, softens price competition, and that imperfect …
Persistent link: https://www.econbiz.de/10014063662
they earn from quality-assuring price premia, and it relies on consumers knowing the cost functions of firms. In the …
Persistent link: https://www.econbiz.de/10014189170
We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in …-inefficiency of the price/quality offers. But, better price/quality combinations are signalled with lower prices in one type and with …
Persistent link: https://www.econbiz.de/10011376636
Consider a two-product firm that decides on the quality of each product. Product quality is unknown to consumers. If the firm sells both products under the same brand name, consumers adjust their beliefs about quality subject to the performance of both products. We show that if the probability...
Persistent link: https://www.econbiz.de/10002592938
Consider a two-product firm that decides on the quality of each product. Product quality is unknown to consumers. If the firm sells both products under the same brand name, consumers adjust their beliefs about quality subject to the performance of both products. We show that if the probability...
Persistent link: https://www.econbiz.de/10002524228
Persistent link: https://www.econbiz.de/10015204258
Persistent link: https://www.econbiz.de/10010530891