Arbeitspapier

Competition, Reputation and Compliance

This paper displays a linear demand oligopoly model, in which firms endogenously decide whether to enter the market and whether to specialize on high or low quality products, and then repeatedly interact to sell experience goods. It shows that the intuition that low and rising prices grant compliance with quality promises extends to this setting, provided that high quality is sufficiently important to buyers.

Language
Englisch

Bibliographic citation
Series: Quaderni - Working Paper DSE ; No. 682

Classification
Wirtschaft
Oligopoly and Other Imperfect Markets
Transactional Relationships; Contracts and Reputation; Networks
Information and Product Quality; Standardization and Compatibility

Event
Geistige Schöpfung
(who)
Vanin, Paolo
Event
Veröffentlichung
(who)
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
(where)
Bologna
(when)
2009

DOI
doi:10.6092/unibo/amsacta/4562
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Vanin, Paolo
  • Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)

Time of origin

  • 2009

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