quality versions of the same product. Hence, our results suggest that, when the innate durability of a product is high, the … seller should offer different quality versions of the product. …

elasticities with respect to quantity that do not allow for quality variation or for the possibility of non-linear pricing … important ramifications for the use and quality of paid childcare. Even if one is concerned primarily with the quantity aspect …, the quality dimension cannot be ignored. This paper provides an exposition of the potential biases in estimates of price …

This papers studies the effects on service quality and consumer surplus of a minimum price which is fixed by a … maximize consumer surplus only if consumers demand the highest possible average quality. If consumers demand services of lesser … quality, the association?s price will be too high if measured by consumer surplus. Moreover we show that a de-regulated market …

rational. Art directors set performance quality according to their aspiration levels. While taking into account the spatial …

Hotelling framework, this paper analyses the effect of different objectives of the hospitals on quality, profits, and overall …

If a product has two dimensions of quality, one observable and one not, a firm can use observable quality as a signal … of unobservable quality. The correlation between consumers' valuation of high quality in each dimension is a key … determinant of the feasibility of such signaling. A firm may use price alone as a signal, or price and quality together. Both …

costs and quality-dependent costs of production and compete in quality and price in the domestic market. Quality … quality standard binding for both foreign and domestic firms. In the present of an initial cost advantage of the domestic firm …, a sufficiently high minimum quality standard set by the domestic government will enable the domestic firm to induce exit …

by Deaton (1990) and Crawford et al. (1997) in order to take account of quality effects reflected in the unit values …-true quantity and quality elasticities. Expenditure elasticities are close, but we find large differences in price elasticities and …