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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 …
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This paper takes advantage of a natural experiment to examine the relationship between the price and saliency of health …
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academic interest in art, understanding of auction prices is limited. Price intransparency is exacerbated by contrasting … on price determinants. Eleven in- depth expert interviews (Study 2) clarify how these determinants and other factors that … framework for the auction price mechanism that accounts for quantifiable and unquantifiable or difficult-to-quantify factors and …
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