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 …-inefficiency of the price/quality offers. But, better price/quality combinations are signalled with lower prices in one type and with …

We extend the theory of advertising as a quality signal, using a model where an entrant can choose to advertise by … comparing its product to that of an established incumbent. Comparative advertising, comparing quality of one’s own product to …

We consider an oligopolistic market where firms compete in price and quality and where consumers have heterogeneous … information: some consumers know both the prices, and quality of the products offered, some know only the prices, and some know … is a perfect indicator of quality. This equilibrium is characterized by dispersion and Pareto-inefficiency of the price/quality …

different forms of "market signaling" in the sense of Spence. According to some social science authors, these signaling …. The present article makes some conceptual remarks on this excessive-signaling hypothesis, and intends to contribute to the …

In a market where sellers are heterogeneous with respect of the quality of their good and are more informed than buyers …, high quality sellers' chances to trade might depend on their ability to inform buyers about the quality of the goods they … offer. We study how the strength of competition among sellers affects the ability of sellers of high quality goods to …

health care system is to encourage providers to keep costs down without skimping on quality. The purpose of this paper is to … analyse the effect of price regulation and free choice on quality in physiotherapy organised by the Social Insurance … effect of the regulation and for this task we have defined the regulated and non-regulated firms and their quality before and …

damage quality when information is poor. Evidence on whether this fear is well-founded is scarce. We provide evidence using a … research that has relied on indicators of the quality of urgent treatments, we take advantage of the plausible absence of … selection bias in our setting to identify the effect on quality of non-acute hip replacements. Using administrative data on all …

General Practitioners (GP) have limited means to compete. As quality is hard to observe by patients, GPs have … incentives to signal quality by using instruments patients perceive as quality. …

Background: General Practitioners have limited means to compete. As quality is hard to observe by patients, GPs have … incentives to signal quality by using instruments patients perceive as quality.<br/>Objectives: We investigate whether GPs … no monetary benefit in doing so, this type of (perceived) quality competition originates from GPs satisfying patients …

Background: General Practitioners have limited means to compete. As quality is hard to observe by patients, GPs have … incentives to signal quality by using instruments patients perceive as quality.<br/>Objectives: We investigate whether GPs … no monetary benefit in doing so, this type of (perceived) quality competition originates from GPs satisfying patients …