to get it right. Once perfection has been achieved the individual will aim for higher quality since the effort is more … mechanism is captured in an oligopoly model, where the failure rate and the quality are endogenously determined. …

We embed signaling in the classical Cournot model in which several firms sell a homogeneous good. The quality is known … to all the firms, but only to some buyers. The quantity-setting firms can manipulate the price to signal quality. Because … quantity decision. We characterize the unique signaling Cournot equilibrium in which the price signals quality to the …

There is growing evidence that low-quality customer service prevails in the mobile telecommunications industry. In this … low-quality service levels are part of an equilibrium strategy for the firms. We also find that the inefficiency is due to …

There is growing evidence that low-quality customer service prevails in the mobile telecommunications industry. In this … low-quality service levels are part of an equilibrium strategy for the firms. We also find that the inefficiency is due to …

conformity. In equilibrium, both quality and cost leaders choose higher advertising intensities and charge higher prices than …This paper analyzes persuasive advertising and pricing in oligopoly if firms sell differentiated products and consumers … that the demand-enhancing effect of persuasive advertising varies across consumers and increases in the average degree of …