Choice of Product Quality: Equilibrium and Efficiency

DOI10.2307/1914227MaRDI QIDQ3877338zbMATH OpenOpenAlexFDO

Authors K. P. Hagen, Jacques H. Drèze

Publication date 1978

Published in Econometrica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.2307/1914227

zbMATH Keywords

capitalist behaviorconsumer welfareefficiency of market mechanismsproduct differentiationproduct quality choiceproduction decisionsrole of pricestheory of the firm

Mathematics Subject Classification ID

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

Cited in

(3)

• Price ceilings, product quality and consumer welfare
• Perfect competition and optimal product differentiation
• THE ROLE AND INTERNALIZATION OF HOMOGENEOUS AND NON‐HOMOGENEOUS DESIGN EFFECTS IN RECYCLING SYSTEMS

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