Browsing College of Arts and Science by Subject "quality"
Now showing items 1-3 of 3
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(Vanderbilt University, 2007)Firms communicate product quality attributes to consumers through a variety of channels, such as pricing, advertising, releases of research reports and test results, or warranties and returns policies. The conceptualization ...
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(Vanderbilt University, 2005)We examine the interplay of imperfect competition and incomplete information in the context of price competition among firms producing horizontally- and vertically-differentiated substitute products. We find that incomplete ...
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(Vanderbilt University, 2006)In this paper we examine the behavior of a firm that produces a product with a privately-observed safety attribute; that is, consumers cannot observe directly the product¬πs safety. The firm may, at a cost, disclose its ...