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

model that combines aspects of non-cooperative R&D with the theory of differentiated oligopolies: In stage one, firms …

Hospital markets are often characterised by price regulation and the existence of different ownership types. Using a …, profits, and overall welfare in a price regulated duopoly with exogenous symmetric locations. In contrast to other studies on … driving force is the single regulated price which induces under-(over-)provision of quality of the more (less) efficient …

We present a theory of how advertising can break a lock-in by distorting beliefs about market shares in markets with …

Uniform-price auctions of a divisible good in fixed supply admit underpricing equilibria, where bidders submit high … the amount of divisible good on offer change endogenously with its (uniform) price. Precommitting to an increasing supply …

differentiation, informed consumers exert a positive externality on the purchasers of the high quality good as its price decreases … when the share of informed consumers decreases. Considering also that the price of the low quality good increases with the … with pessimistic consumers we can explain demand collapses and insensitivity to price changes due to consumer suspicions …