Prices, Product Qualities and Asymmetric Information: The Competitive Case

DOI10.2307/2297687zbMath0529.90009OpenAlexW2005616752MaRDI QIDQ3311963

Thomas W. Ross, Russell Cooper

Publication date: 1984

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2297687

zbMATH Keywords

rational expectations equilibriumproduct qualityeconomics of informationprices convey information

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

Related Items (4)

Price and quality competition ⋮ Oligopolistic competition in price and quality ⋮ Bargains, price signaling, and efficiency in markets with asymmetric information ⋮ Price competition and consumer externalities in a vertically differentiated duopoly with information disparities

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