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Oligopolistic competition in price and quality
Dubovik, Andrei; Janssen, Maarten C. W. - 2008
We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in …-inefficiency of the price/quality offers. But, better price/quality combinations are signalled with lower prices in one type and with …
Persistent link: https://www.econbiz.de/10011376636
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Voluntary Quality Disclosure Under Price-Signaling Competition
Caldieraro, Fabio - 2011
known to consumers. Each firm can make an imperfect disclosure of its product quality before engaging in price …, in one of the separating regimes, price signaling leads to intense price competition between the firms under which not … only the high-quality firm, but also the low-quality firm chooses to disclose its product quality to soften the price …
Persistent link: https://www.econbiz.de/10013121803
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Unaware consumers and disclosure of deficiencies
Schmitt, Stefanie Yvonne; Bruckner, Dominik - 2022
We analyze firms’ incentives to disclose deficiencies of their goods when consumers lack information. We distinguish two types of information: First, only some consumers are aware of the existence of deficiencies, which reduce the quality of the goods. Second, only some consumers have the...
Persistent link: https://www.econbiz.de/10013201807
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Information Design for Selling Search Goods and the Effect of Competition
Lyu, Chen - 2021
I study optimal information provision by a search goods seller. While the seller controls a consumer's pre-search information, which decides whether she will engage in costly search for the product, he cannot control her post-search information because the consumer would inevitably learn the...
Persistent link: https://www.econbiz.de/10013244049
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Price Transparency and Consumer Naivety in a Competitive Market
Garrod, Luke - 2008
Despite intense price competition firms obfuscate product information when it is relatively costless to reveal …
Persistent link: https://www.econbiz.de/10012724563
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The market for melons : Cournot competition with unobserval qualities
Argenton, Cédric (contributor) - 2006 - Rev. version December 2005
Two firms produce different qualities at possibly different, constant marginal costs. They compete in quantities on a market where buyers only observe the average quality supplied. The model is a generalization of the standard Cournot duopoly, which corresponds to the special case where the two...
Persistent link: https://www.econbiz.de/10003254850
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Worker training and quality competition
Bilanakosa, Christos; Heywood, John S.; Sessions, John G.; … - 2017
oligopolistic model of both price and quality competition, we show that an increase in the sensitivity of demand to product quality …
Persistent link: https://www.econbiz.de/10012120926
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Disclosure of information under competition : an experimental study
Sheth, Jesal - 2019
The theory of voluntary disclosure of information posits that market forces lead senders to disclose information …
Persistent link: https://www.econbiz.de/10012024603
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Conversation with Secrets
Ganglmair, Bernhard - 2016
We analyze the sustainability of a conversation when one agent might be endowed with a piece of private information that affects the payoff distribution to its benefit. Such a secret can compromise the sustainability of conversation. Even without an obligation, the secret holder will disclose...
Persistent link: https://www.econbiz.de/10012982221
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Essays on price-quality competition
Das, Sabyasachi - 2020
Persistent link: https://www.econbiz.de/10012507592