WitrynaImperfect competition and quality signalling Andrew F. Daughety* and Jennifer F. Reinganum* We examine the interplay of imperfect competition and incomplete … WitrynaHow does the need to signal quality through price affect equilibrium pricing and profits, when a firm faces a similarly-situated rival? In this paper, we provide a model of non-cooperative signaling by two firms that compete over a continuum of consumers. ... "Imperfect competition and quality signalling," RAND Journal of Economics, …
The Role and Measurement of Quality in Competition Analysis - OECD
WitrynaHigh quality firms charge higher prices than low quality firms but lose business to rival firms with higher probability. Some of the revealing equilibria involve high degree of … Witryna"Imperfect competition and quality signalling," RAND Journal of Economics, RAND Corporation, vol. 39(1), pages 163-183, March. Andrew F. Daughety & Jennifer F. Reinganum, 2005. " Imperfect Competition and Quality Signaling ," Vanderbilt University Department of Economics Working Papers 0520, Vanderbilt University … bing quarterly earnings
THE REVOLUTION OF INFORMATION ECONOMICS: THE PAST …
Witrynaacknowledge the potentially key role of quality within competition enforcement, few agencies have as yet succeeded in incorporating systematically the assessment of quality within their competition analytical processes. Product quality, alongside price, is a key determination of competition in many if not most markets. Witryna24 paź 2014 · Imperfect Competition and Quality Signaling Andrew F. Daughety Jennifer F. Reinganum Abstract We examine the interplay of imperfect competition … WitrynaWe examine the interplay of imperfect competition and incomplete information in the context of price competition among firms producing horizontally and vertically … bing quioffice