Clements, Matthew T. - In: Economics: The Open-Access, Open-Assessment E-Journal 5 (2011) 2011-5, pp. 1-22
determinant of the feasibility of such signaling. A firm may use price alone as a signal, or price and quality together. Both … signals tend to be used when the market is very uninformed, whereas price signaling alone tends to be used when the market is …