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Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets

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NBER2005-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w11755
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Bayesian consumers infer that hidden add-on prices (e.g. the cost of ink for a printer) are likely to be high prices. If consumers are Bayesian, firms will not shroud information in equilibrium. However, shrouding may occur in an economy with some myopic (or unaware) consumers. Such shrouding
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2005-11-01
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