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Too much or too little? : price-discrimination in a market for credence goods
Dulleck, Uwe; Kerschbamer, Rudolf; Konovalov, Alexander … - 2014
In markets for credence goods sellers are better informed than their customers about the quality that yields the highest surplus from trade. This paper studies second-degree price-discrimination in such markets. It shows that discrimination regards the amount of advice offered to customers and...
Persistent link: https://www.econbiz.de/10010354736
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Price discrimination via the choice of distribution channels
Dulleck, Uwe; Kerschbamer, Rudolf - 2005
equipment was distributed via warehouse sellers while today it is quite common to see high quality equipment at discounters. …
Persistent link: https://www.econbiz.de/10010294597
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Too much or too little? Price-discrimination in a market for credence goods
Dulleck, Uwe; Kerschbamer, Rudolf; Konovalov, Alexander - 2014
In markets for credence goods sellers are better informed than their customers about the quality that yields the highest surplus from trade. This paper studies second-degree price-discrimination in such markets. It shows that discrimination regards the amount of advice offered to customers and...
Persistent link: https://www.econbiz.de/10010397153
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Too Much or Too Little? Price-Discrimination in a Market for Credence Goods
Dulleck, Uwe; Kerschbamer, Rudolf; Konovalov, Alexander - Nationalekonomiska institutionen, Handelshögskolan - 2014
This article studies second-degree price-discrimination in markets for credence goods. Such markets are affected by asymmetric informationbecause expert sellers are better informed than their customers about the quality that yields the highest surplus from trade. We show that discrimination...
Persistent link: https://www.econbiz.de/10011019115
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Too much or too little? Price-discrimination in a market for credence goods
Dulleck, Uwe; Kerschbamer, Rudolf; Konovalov, Alexander - Institut für Finanzwissenschaft, Fakultät für … - 2014
In markets for credence goods sellers are better informed than their customers about the quality that yields the highest surplus from trade. This paper studies second-degree price-discrimination in such markets. It shows that discrimination regards the amount of advice offered to customers and...
Persistent link: https://www.econbiz.de/10010839576
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Price discrimination via the choice of distribution channels
Dulleck, Uwe; Kerschbamer, Rudolf - Institut für Volkswirtschaftslehre, … - 2005
equipment was distributed via warehouse sellers while today it is quite common to see high quality equipment at discounters. …
Persistent link: https://www.econbiz.de/10005273087
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Experts vs. discounters: Consumer free riding and experts withholding advice in markets for credence goods
Dulleck, Uwe; Kerschbamer, Rudolf - 2007
makes them vulnerable to competition by discounters. We explore the conditions under which honestly diagnosing experts … survive competition by discounters; we identify situations in which experts misdiagnose consumers in order to prevent them …This paper studies the incentives for credence goods experts to invest effort in diagnosis if effort is both costly and …
Persistent link: https://www.econbiz.de/10010293427
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Experts vs. discounters: consumer free riding and experts withholding advice in markets for credence goods
Dulleck, Uwe; Kerschbamer, Rudolf - 2005
This paper studies price competition between experts and discounters in a market for credence goods. While experts can … makes them vulnerable to competition by discounters. We explore the conditions under which experts survive competition by … leads to a switch from an experts only to a discounters only market. We also discuss whether vertical restraints can …
Persistent link: https://www.econbiz.de/10010294501
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Experts vs. discounters: consumer free riding and experts withholding advice in markets for credence goods
Dulleck, Uwe; Kerschbamer, Rudolf - Institut für Volkswirtschaftslehre, … - 2005
This paper studies price competition between experts and discounters in a market for credence goods. While experts can … makes them vulnerable to competition by discounters. We explore the conditions under which experts survive competition by … leads to a switch from an experts only to a discounters only market. We also discuss whether vertical restraints can …
Persistent link: https://www.econbiz.de/10005800603
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Experts vs. Discounters: Consumer Free Riding and Experts Withholding Advice in Markets for Credence Goods
Dulleck, Uwe; Kerschbamer, Rudolf - Institut für Finanzwissenschaft, Fakultät für … - 2007
makes them vulnerable to competition by discounters. We explore the conditions under which honestly diagnosing experts … survive competition by discounters; we identify situations in which experts misdiagnose consumers in order to prevent them …This paper studies the incentives for credence goods experts to invest effort in diagnosis if effort is both costly and …
Persistent link: https://www.econbiz.de/10005581170