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 …

simultaneously decrease the retail price and increase infrastructure quality. Second, we derive conditions under which reducing both … retail price and infrastructure quality relative to the integrated monopoly outcome increases welfare. Third, we argue that …

overvalues a product attribute - quality or price - that stands out in a particular choice situation. In a highly competitive low-price … environment like on an online platform, consumers focus more on price rather than quality. Especially if the market power of local … (physical) retailers is low, price tends to be salient also in the local store, which is unfavorable for the high …

We document new facts about the evolution of firm performance and prices in international markets, and propose a theory …

imports. In this paper a monopolistic competition framework is presented, in which firms choose both the quality and the price … quality-adjusted price for each product, the 'NTM Black Box' is opened and analysed. This provides evidence of whether the …

(QHFT) model, we classify export goods (at the HS 6-digit level of disaggregation) by quality and price competition. We find … export goods are substantially different across countries at the same HS 6-digit code. -- Quality vs Price competition …