A NOTE ON PRICING OF PRODUCT QUALITY FOR STATUS CONCERNS

DOI10.1111/J.1467-8586.2012.00449.XMaRDI QIDQ5247870zbMATH OpenOpenAlexFDO

Authors Kangsik Choi

Publication date 27 April 2015

Published in Bulletin of Economic Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/j.1467-8586.2012.00449.x

zbMATH Keywords

pricing of product qualitystatus concernstrade-off

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Consumer behavior, demand theory (91B42)

Recommendations

• On price versus quality
• Quality choice and behavior-based price discrimination
• Price ceilings, product quality and consumer welfare
• Prices as signals of product quality in a duopoly
• Strategic pricing with rational inattention to quality
• A note on utility-based pricing
• The price of quality claims
• An analysis of the dynamic price-quality relationship

Cites work

• A Theory of Fairness, Competition, and Cooperation
• Envy and pricing of quality in adverse selection
• Monopoly and product quality
• Optimal incentive contracts under inequity aversion
• Relaxing Price Competition Through Product Differentiation
• Segmenting the market: The monopolist's optimal product mix

Cited in

(3)

• Dress to impress: brands as status symbols
• Envy and pricing of quality in adverse selection
• The formation of social groups under status concern

This page was built for publication: A NOTE ON PRICING OF PRODUCT QUALITY FOR STATUS CONCERNS

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q5247870)