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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...
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price competition and lead to lower profits. The strength of these potentially offsetting effects depends on the …
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unless competition is very intense. With demand asymmetry, the big firm wins exclusivity and consumer harm is lower. Banning …
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We analyze an oligopolistic competition with differentiated products and qualities. The quality of a product is not …-signaling competition. There are two regimes for separating equilibrium in our model depending on the parameters. Our analysis reveals that …, in one of the separating regimes, price signaling leads to intense price competition between the firms under which not …
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This paper investigates the competition between vertically differentiated platforms in two-sided markets. We assume the …
Persistent link: https://www.econbiz.de/10012904109
How competition affects product quality and how product quality choices impact firms' operating performance are open … which product quality is inversely related to fake (inflated) trading volume. We examine the effects of competition among … consequences of trading volume inflation. Various static and dynamic competition measures are positively associated with measures …
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is shown that if R&D costs for quality improvements are low, the dynamic competition is structured as a race for being …
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is shown that if R&D costs for quality improvements are low, the dynamic competition is structured as a race for being …
Persistent link: https://www.econbiz.de/10014117063