It's good to be bad: the low quality advantage in consumer search markets

DOI10.1016/J.ECONLET.2022.110518zbMATH Open1493.91051OpenAlexW4224222244MaRDI QIDQ2158388FDOQ2158388

Authors: Stuart Baumann, Margaryta Klymak 

Publication date: 26 July 2022

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2022.110518

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zbMATH Keywords

qualityconsumer searchprice perception

Mathematics Subject Classification ID

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

Cites Work

• Reexamination of the perfectness concept for equilibrium points in extensive games
• Multiproduct retailing

Cited In (2)

• Selling to consumers who cannot detect small differences
• Consumer sorting of vertically differentiated goods

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