increases in fees, not decreases, which suggests that quality-based advertising took place, and not price-based advertising. In …

explains why, even if quality is a significant issue, production measures should not rely on the user’s changes of condition …. It should rather be based on supplied quality. The paper then describes and discusses two complementary ways to estimate … quality changes. …

We analyze credence goods markets in the case of two firms. Consumers know that the quality of the good varies but do … not know which firm is of high quality. First, we show that the high quality producer may be unable to monopolize the …. Since even the high quality producer may not wish to label its product, in such cases the label must be mandatory. Third, an …

for signalling quality. It is shown that the presence of confused consumers leads to the emergence of multiple stable …

This paper explores the role of a minimum quality standard when the quality choice is discrete. A minimum quality … subsidize or tax the high quality in order to implement different firms’ choices corresponding to a situation of welfare …

tariff cuts. TRQ expansion would, however, increase the high-quality bias in beef imports and welfare losses, whereas a cut …

Quality is the most important characteristic of product competitiveness. Of old the priority was the price, but … nowadays quality is the main factor of the international market. Improvement of Ukrainian company competition and tendency for … the international market penetration are accompanied by increased interest in implementation of quality management systems …