Prices as Signals of Product Quality

DOI10.2307/2297767zbMath0521.90028OpenAlexW1992061418MaRDI QIDQ3670878

Asher Wolinsky

Publication date: 1983

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

Full work available at URL: https://doi.org/10.2307/2297767

zbMATH Keywords

imperfect informationexpectations equilibriumdifferent quality levelsprices as signals

Mathematics Subject Classification ID

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

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