Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/159523
Authors: 
Vanin, Paolo
Year of Publication: 
2009
Series/Report no.: 
Quaderni - Working Paper DSE 682
Abstract: 
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.
JEL: 
L13
L14
L15
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/3.0/
Document Type: 
Working Paper

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