determinant of the feasibility of such signaling. A firm may use price alone as a signal, or price and quality together. Both … low observable quality is always an indication that unobservable quality is high. -- Signaling ; quality …If a product has two dimensions of quality, one observable and one not, a firm can use observable quality as a signal …

determinant of the feasibility of such signaling. A firm may use price alone as a signal, or price and quality together. Both … low observable quality is always an indication that unobservable quality is high. -- Signaling ; quality …If a product has two dimensions of quality, one observable and one not, a firm can use observable quality as a signal …

Who does, and who should initiate costly certification by a third party under asymmetric quality information, the buyer … acquisition ; inspection ; lemons ; middlemen ; signaling …

Who does, and who should initiate costly certification by a third party under asymmetric quality information, the buyer … acquisition ; inspection ; lemons ; middlemen ; signaling …

In this paper, I study markets where consumers are heterogeneous with respect to both their concerns for the quality of … goods and the image associated with them. Consumers with a taste for quality lend a positive image to the product of their … premia to allocate image along with quality. Heterogeneity in image concerns thereby provides a rationale for pooling …

paper investigates how a monopolist optimally designs its product line when consumers differ both in their taste for quality … their choice and thereby increase the product's value to others. Often, average quality is lower than in a market without … image concerns and there is underprovision as compared to the welfare-maximizing allocation. Although average quality is …

markets where consumers are heterogeneous with respect to both their concerns for the quality of goods and the image … associated with buying them. Consumers with a taste for quality lend a positive image to the product of their choice and thereby … along with quality. Heterogeneity in image concerns thereby provides a rationale for pooling consumers with differing …

. -- Signaling game ; Consideration set ; Counter signaling ; Limited attention ; Marketing ; Advertising …

This paper considers a market in which only the incumbent's quality is publicly known. The entrant's quality is … about the entrant's quality. When the uninformed consumers' beliefs satisfy the "intuitive criterion" and the "unprejudiced … outcome. -- Quality uncertainty ; Signalling ; Oligopoly …