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We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know neither. We show that two types of signalling...
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identical across brands, irrespective of the lag count, suggesting a high degree of competition among brands. … den fünf großen Tankstellenmarken. Dies spricht für eine sehr hohes Maß an Wettbewerb im deutschen Tankstellenmarkt. Die …
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