It's Good to be Bad. A Model of Low Quality Dominance in a Full Information Consumer Search Market
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More about this item
Keywords
Consumer Search; Quality Disclosure;JEL classification:
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality
NEP fields
This paper has been announced in the following NEP Reports:- NEP-COM-2017-07-02 (Industrial Competition)
- NEP-MIC-2017-07-02 (Microeconomics)
- NEP-MKT-2017-07-02 (Marketing)
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