We embed signaling in the classical Cournot model in which several firms sell a homogeneous good. The quality is known … to all the firms, but only to some buyers. The quantity-setting firms can manipulate the price to signal quality. Because … quantity decision. We characterize the unique signaling Cournot equilibrium in which the price signals quality to the …

This paper considers a market in which only the incumbent's quality is publicly known. The entrant's quality is … about the entrant's quality. When the uninformed consumers' beliefs satisfy the "intuitive criterion" and the "unprejudiced … outcome. -- Quality uncertainty ; Signalling ; Oligopoly …

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 qualities are equal. When the quality differential is large, the firms … quantity-setting helps prevent market unraveling. -- Cournot competition ; quality ; duopoly ; asymmetric information ; Nash …

average quality supplied. Quantities and cost structures are exogenously given and firms compete in quality. Before choosing … their qualities, they bargain over a perfectly enforcable minimum quality standard. The bargaining outcome is given by the … seemingly adverse cost changes. -- asymmetric information ; minimum quality standard ; duopoly ; bargaining ; free riding …

presence of two competing platforms producing either higher- or lower-quality devices for consumers. Each platform decides the … of quality differences, the decisions by the platforms about royalty rates are symmetric and only hardware pricing is … asymmetric. We also demonstrate that an equilibrium may exist in which a lower-quality platform can enjoy greater profit than a …

This paper considers price competition in a duopoly with quality uncertainty. The established firm (the `incumbent …') offers a quality that is publicly known; the other firm (the `entrant') offers a new good whose quality is not known by some … consumers. The incumbent is fully informed about the entrant's quality. This leads to price signalling rivalry because the …

quality on the equilibrium quantity of each good. Furthermore, we compare fully compatible and incompatible equilibrium …

products in the same market. We find that an increase in the difference in quality between the two goods or a decrease in the … marginal cost of the high-quality goods leads to cannibalization, such that the high-quality goods keep out the low-quality … inefficient firm may earn more than the efficient firm. If the difference in the quality of the two goods is small enough, an …