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If at First You Don't Succeed...: Profits, Prices and Market Structure in a Model of Quality with Unknowable Consumer Heterogeneity

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NBER2000-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w7494
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资源简介:
Why are higher quality niches seen as intrinsically more profitable in business circles? Why do high quality products sometimes have a low real price, while it is unusual to see low quality products with high real prices? Can markets have quality differentiation as well as quality bunching? In this
提供机构:
美国国家经济研究局
创建时间:
2000-01-01
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