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International airline codesharing and consumer choice behavior : misconceptions vs. quality signals
Jong, Gerben de; Behrens, Christiaan; Herk, Hester van; … - 2018
misconceptions are widespread, but that they do not cause higher valuation of codeshare products. Consistent with signaling, however …
Persistent link: https://www.econbiz.de/10011916498
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Signaling Quality through Prices in an Oligopoly
Janssen, Maarten C.W.; Roy, Santanu - 2007
Firms signal high quality through high prices even if the market structure is highly competitive and price competition is severe. In a symmetric Bertrand oligopoly where products may differ only in their quality, production cost is increasing in quality and the quality of each firm’s product...
Persistent link: https://www.econbiz.de/10010325591
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Signaling quality through prices in an oligopoly
Janssen, Maarten C. W.; Roy, Santanu - 2007
Firms signal high quality through high prices even if the market structure is highly competitive and price competition is severe. In a symmetric Bertrand oligopoly where products may differ only in their quality, production cost is increasing in quality and the quality of each firm’s product...
Persistent link: https://www.econbiz.de/10011372971
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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 knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know neither. We show that two types of signalling...
Persistent link: https://www.econbiz.de/10011376636
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Information in Cournot : Signaling with Incomplete Control
Daher, Wassim - 2012
We embed signaling in the classical Cournot model in which several firms sell a homogeneous good. The quality is known … quantity decision. We characterize the unique signaling Cournot equilibrium in which the price signals quality to the … uninformed buyers. We then compare the signaling Cournot equilibrium with the full-information Cournot equilibrium. Signaling is …
Persistent link: https://www.econbiz.de/10013106683
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Intervention with Screening in Global Games
Shen, Lin - 2018
We analyze a canonical binary-action coordination game under the global games framework. To reduce coordination failure, we propose a novel intervention program that screens agents based on their heterogeneous interim beliefs. Compared with conventional government-guarantee type of programs, it...
Persistent link: https://www.econbiz.de/10012925548
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Games with Incomplete Information When Players are Partially Aware of Others' Signals
Liu, Zhen - 2015
Empirical and experimental findings suggest that players may underestimate others' private information in incomplete-information games. We modify standard epistemic assumptions of static incomplete-information games to allow partial signal-awareness. That is, players can be unaware of some of...
Persistent link: https://www.econbiz.de/10013037266
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The good, the bad and the complex : product design with imperfect information
Asriyan, Vladimir; Foarta, Dana; Vanasco, Victoria - 2018
This paper explores the incentives of product designers to complexify products, and the resulting implications for overall product quality. In our model, a consumer can accept or reject a product proposed by a designer, who can affect the quality and the complexity of the product. While the...
Persistent link: https://www.econbiz.de/10012065103
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Transparency of behavior-based pricing
Li, Xi; Li, Jiaoyang; Wang, Xin - In: Journal of marketing research 57 (2020) 1, pp. 78-99
Persistent link: https://www.econbiz.de/10012177906
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Screening and signaling in communication
Andina-Díaz, Ascensión - In: The Scandinavian journal of economics 114 (2012) 2, pp. 480-499
Persistent link: https://www.econbiz.de/10009670390