Arbeitspapier
Consumer myopia, competition and the incentives to unshroud add-on information
This paper studies unshrouding decisions in a framework similar to Gabaix and Laibson (2006), but considers an alternative unshrouding mechanism where the impact of advertising add-on information depends on the number of unshrouding firms. We show that shrouding becomes less prevalent as the number of competing firms increases. With unshrouding costs a non-monotonic relationship between the number of firms and unshrouding may arise.
- ISBN
-
978-3-86304-125-0
- Sprache
-
Englisch
- Erschienen in
-
Series: DICE Discussion Paper ; No. 126
- Klassifikation
-
Wirtschaft
Market Structure, Pricing, and Design: General
Information, Knowledge, and Uncertainty: General
Market Structure, Firm Strategy, and Market Performance: General
- Thema
-
Bounded rationality
Add-on pricing
Shrouding
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Wenzel, Tobias
- Ereignis
-
Veröffentlichung
- (wer)
-
Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE)
- (wo)
-
Düsseldorf
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Wenzel, Tobias
- Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE)
Entstanden
- 2013
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