Price competition and consumer externalities in a vertically differentiated duopoly with information disparities

DOI10.1007/S00712-005-0139-5MaRDI QIDQ816047zbMATH OpenOpenAlexFDO

Authors Alberto Cavaliere

Publication date 20 February 2006

Published in Journal of Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00712-005-0139-5

zbMATH Keywords

asymmetric informationprices as quality signals.quality uncertaintyvertical product differentiation

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Auctions, bargaining, bidding and selling, and other market models (91B26) Consumer behavior, demand theory (91B42)

Recommendations

• Brand premia driven by perceived vertical differentiation in markets with information disparity and optimistic consumers
• Oligopolistic competition in price and quality
• Vertically differentiated duopoly with unaware consumers
• Prices as signals of product quality in a duopoly
• Product Quality and Imperfect Information

Cites work

• Price and Quality in a New Product Monopoly
• Price competition and consumer externalities in a vertically differentiated duopoly with information disparities
• Price competition, quality and income disparities
• Prices and Qualities in Markets with Costly Information
• Prices as Signals of Product Quality
• Prices, Product Qualities and Asymmetric Information: The Competitive Case
• Product Quality and Imperfect Information
• Relaxing Price Competition Through Product Differentiation

Cited in

(11)

• Brand premia driven by perceived vertical differentiation in markets with information disparity and optimistic consumers
• Limited perception and price discrimination in a model of horizontal product differentiation
• Vertically differentiated duopoly with unaware consumers
• Product Quality and Imperfect Information
• Asymmetric information and exchange of information about product differentiation
• Relaxing competition through quality differentiation and price discrimination
• Price Competition and Compatibility in the Presence of Positive Demand Externalities
• Competitive screening under heterogeneous information
• Entry and quality signalling when only some consumers are informed of the entrant's quality
• Price competition and consumer externalities in a vertically differentiated duopoly with information disparities
• Duopoly information sharing with differentiated products

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