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Measuring strategic firm interaction in product-quality choices: The case of airline flight frequency
Brueckner, Jan K.; Luo, Dan - 2013
This paper investigates strategic interaction among airlines in product-quality choices. Using an instrumental variables approach, the paper estimates flight-frequency reaction functions, which relate an airline's frequency on a route to its own characteristics and to the frequencies of...
Persistent link: https://www.econbiz.de/10010291565
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School Choice and School Quality in the US
Nechyba, Thomas - In: CESifo DICE Report 02 (2004) 4, pp. 33-38
Persistent link: https://www.econbiz.de/10011696489
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The economics of geographical indications: GIs modeled as club assets
Benavente, Daniela - 2010
to the firms that lawfully label their products with the GI). A model of club reputation is developed which includes … Shapiro (1982) and Winfree & McCluskey (2005) as special cases. Reputation is assumed to be traceable through the GI label …; quality is endogenously determined at the firm level, with reputation as the state variable. In contrast with previous …
Persistent link: https://www.econbiz.de/10010316747
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Buyer Power and Innovation of Quality Products: Empirical Evidence from the German Food Sector.
Weiss, Christoph R.; Wittkopp, Antje - 2003
The last couple of decades have seen an increased retail concentration around the world, particularly in Europe. Views on the welfare implications of this severe change are controversial. Consumers might benefit because larger stores (owned by larger retailer chains) offer more product choices....
Persistent link: https://www.econbiz.de/10010297135
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Trade Policy of Transition Economics
Moraga, Jose Luis; Viaene, Jean-Marie - 2000
This paper focuses on ignored issues regarding the impact of trade reforms in transition economies. These economies are primarily characterized by a low quality of their products, large depreciations of their currencies, and a high degree of government intervention in economic activity. These...
Persistent link: https://www.econbiz.de/10010324646
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Dumping in a Global World
Moraga-Gonzalez, Jose Luis; Viaene, Jean-Marie - 2004
Anti-dumping actions are now the trade policy of choice of developing and transition economies. To understand why these economies have increasingly applied anti-dumping laws, we build a simple theoretical model of vertical intra-industry trade and investigate the strategic incentives of...
Persistent link: https://www.econbiz.de/10010325270
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Anti-dumping, Intra-industry Trade and Quality Reversals
Moraga-Gonzalez, Jose Luis; Viaene, Jean-Marie - 2004
We examine an export game where two firms (home and foreign), located in two differentcountries, produce vertically differentiated products. The foreign firm is the most efficientin terms of R&D costs of quality development and the foreign country is relatively larger andendowed with a...
Persistent link: https://www.econbiz.de/10010325360
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Asymmetric information and overinvestment in quality
Belleflamme, Paul; Peitz, Martin - 2009
In a standard adverse selection world, asymmetric information about product quality leads to quality deterioration in the market. Suppose that a higher investment level makes the realization of high quality more likely. Then, if consumers observe the investment (but not the realization of...
Persistent link: https://www.econbiz.de/10010264613
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Wealth as a signal in the search model of money
Okumura, Tsunao - 2005
This paper investigates the possibility that wealth (holdings of money) serves as a signal of ability to produce high quality products for agents who cannot directly observe the quality of the products. A producer's wealth may advertise past success in selling products to agents who knew the...
Persistent link: https://www.econbiz.de/10010266277
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The choice of environmental policy instruments: Energy efficiency and redistribution
Haupt, Alexander; Stadejek, Magdalena - 2010
We analyse optimal environmental policies in a market that is vertically differentiated in terms of the energy efficiency of products. Considering energy taxes, subsidies to firms for investment in more eco-friendly products, and product standards, we are particularly interested in how...
Persistent link: https://www.econbiz.de/10010270546