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Product Quality in Markets Where Consumers are Imperfectly Informed

Citations

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Cited by:

  1. Dawid, Herbert, 1997. "Learning of equilibria by a population with minimal information," Journal of Economic Behavior & Organization, Elsevier, vol. 32(1), pages 1-18, January.
  2. Wenyi Chu & Chien-Nan Chen & Chuang-Hung Wang, 2008. "The market share--profitability relationships in the securities industry," The Service Industries Journal, Taylor & Francis Journals, vol. 28(6), pages 813-826, July.
  3. Drew Fudenberg, 2006. "Advancing Beyond Advances in Behavioral Economics," Journal of Economic Literature, American Economic Association, vol. 44(3), pages 694-711, September.
  4. John Conlisk & Paul Sommers, 1979. "Eigenvector Status Proxies in Markov Chain Mobility Models," Sociological Methods & Research, , vol. 8(2), pages 159-178, November.
  5. Eric Brouillat, 2009. "Recycling and extending product-life: an evolutionary modelling," Journal of Evolutionary Economics, Springer, vol. 19(3), pages 437-461, June.
  6. Cabrales, Antonio, 2000. "Stochastic Replicator Dynamics," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 41(2), pages 451-481, May.
  7. Izquierdo, Segismundo S. & Izquierdo, Luis R., 2007. "The impact of quality uncertainty without asymmetric information on market efficiency," Journal of Business Research, Elsevier, vol. 60(8), pages 858-867, August.
  8. Philipp Kircher & Andrew Postlewaite, 2008. "Strategic Firms and Endogenous Consumer Emulation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 123(2), pages 621-661.
  9. Hamilton, Stephen F. & Zilberman, David, 2006. "Green markets, eco-certification, and equilibrium fraud," Journal of Environmental Economics and Management, Elsevier, vol. 52(3), pages 627-644, November.
  10. Marco Valente, 2009. "Markets fo Heterogeneous Products: a Boundedly Rational Consumer Model," LEM Papers Series 2009/11, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  11. Matzke, Christina & Wirth, Benedikt, 2008. "A non-standard approach to a market with boundedly rational consumers and strategic firms. Part I: A microfoundation for the evolution of sales," Bonn Econ Discussion Papers 10/2008, University of Bonn, Bonn Graduate School of Economics (BGSE).
  12. Roe, Brian E. & Teisl, Mario F., 2004. "Consumption Externalities, Information Policies, And Multiple Equilibria: Evidence For Genetically Engineered Food Markets," 2004 Annual meeting, August 1-4, Denver, CO 20243, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  13. Faber, Albert & Valente, Marco & Janssen, Peter, 2010. "Exploring domestic micro-cogeneration in the Netherlands: An agent-based demand model for technology diffusion," Energy Policy, Elsevier, vol. 38(6), pages 2763-2775, June.
  14. Hopkins, Ed, 2007. "Adaptive learning models of consumer behavior," Journal of Economic Behavior & Organization, Elsevier, vol. 64(3-4), pages 348-368.
  15. Matthew Potoski & Aseem Prakash, 2009. "Information asymmetries as trade barriers: ISO 9000 increases international commerce," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 28(2), pages 221-238.
  16. Chen, Yong & Mak, Barry & Li, Zhou, 2013. "Quality deterioration in package tours: The interplay of asymmetric information and reputation," Tourism Management, Elsevier, vol. 38(C), pages 43-54.
  17. Mireille Chiroleu-Assouline, 2010. "Green Leader or Green Liar? Differentiation and the role of NGOs," Documents de travail du Centre d'Economie de la Sorbonne 10097, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
  18. DeSarbo, Wayne S. & Choi, Jungwhan, 1998. "A latent structure double hurdle regression model for exploring heterogeneity in consumer search patterns," Journal of Econometrics, Elsevier, vol. 89(1-2), pages 423-455, November.
  19. Amir Ban & Nati Linial, 2011. "Market Share Indicates Quality," Discussion Paper Series dp590, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
  20. Nick Adnett, "undated". "Competition in the School Curriculum: the economic and policy context in the UK," Working Papers 001, Staffordshire University, Business School.
  21. Anandhi S. Bharadwaj & Sundar G. Bharadwaj & Benn R. Konsynski, 1999. "Information Technology Effects on Firm Performance as Measured by Tobin's q," Management Science, INFORMS, vol. 45(7), pages 1008-1024, July.
  22. Ramon Caminal & Xavier Vives, 1999. "Price Dynamics and Consumer Learning," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 8(1), pages 95-131, March.
  23. Antonio Cabrales & José-Ramón Uriarte, 2013. "Doubts and equilibria," Journal of Evolutionary Economics, Springer, vol. 23(4), pages 783-810, September.
  24. Hirshleifer, David & Teoh, Siew Hong, 2008. "Thought and Behavior Contagion in Capital Markets," MPRA Paper 9164, University Library of Munich, Germany.
  25. Kim Oosterlinck & Anne-Sophie Radermecker, 2019. "“The Master of …”: creating names for art history and the art market," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 43(1), pages 57-95, March.
  26. McFadden, Daniel L & Train, Kenneth E, 1996. "Consumers' Evaluation of New Products: Learning from Self and Others," Journal of Political Economy, University of Chicago Press, vol. 104(4), pages 683-703, August.
  27. Dennis W. Carlton & Jeffrey M. Perloff, 1989. "The Economics of Information," Food Marketing Policy Center Research Reports 005, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
  28. Hofer, Christian & Jin, Henry & Swanson, R. David & Waller, Matthew A. & Williams, Brent D., 2012. "The Impact of Key Retail Accounts on Supplier Performance: A Collaborative Perspective of Resource Dependency Theory," Journal of Retailing, Elsevier, vol. 88(3), pages 412-420.
  29. Janssen, Aljoscha & Kasinger, Johannes, 2021. "Obfuscation and rational inattention in digitalized markets," SAFE Working Paper Series 306, Leibniz Institute for Financial Research SAFE.
  30. Aoyagi, Masaki, 1998. "Mutual Observability and the Convergence of Actions in a Multi-Person Two-Armed Bandit Model," Journal of Economic Theory, Elsevier, vol. 82(2), pages 405-424, October.
  31. Kerton, Robert R. & Bodwell, Richard W., 1995. "Quality, Choice, and the Economics of Concealment: The Marketing of Lemons," Working Papers 9510, University of Waterloo, Department of Economics.
  32. Francesco Pasimeni & Tommaso Ciarli, 2018. "Diffusion of Shared Goods in Consumer Coalitions. An Agent-Based Model," SPRU Working Paper Series 2018-24, SPRU - Science Policy Research Unit, University of Sussex Business School.
  33. Azmat, Saad & Jalil, Muhammad Naiman & Skully, Michael & Brown, Kym, 2016. "Investor’s choice of Shariah compliant ‘replicas’ and original Islamic instruments," Journal of Economic Behavior & Organization, Elsevier, vol. 132(S), pages 4-22.
  34. Camargo, Braz, 2014. "Learning in society," Games and Economic Behavior, Elsevier, vol. 87(C), pages 381-396.
  35. David Hirshleifer & Siew Hong Teoh, 2003. "Herd Behaviour and Cascading in Capital Markets: a Review and Synthesis," European Financial Management, European Financial Management Association, vol. 9(1), pages 25-66, March.
  36. Huck, Steffen & Zhou, Jidong, 2011. "Consumer behavioural biases in competition: A survey," MPRA Paper 31794, University Library of Munich, Germany.
  37. Marco Valente, 2012. "Evolutionary demand: a model for boundedly rational consumers," Journal of Evolutionary Economics, Springer, vol. 22(5), pages 1029-1080, November.
  38. Francesco Pasimeni, 2017. "Adoption and Diffusion of Micro-Grids in Italy. An Analysis of Regional Factors Using Agent-Based Modelling," SPRU Working Paper Series 2017-09, SPRU - Science Policy Research Unit, University of Sussex Business School.
  39. William Comanor & Patrick Rey, 2000. "Vertical Restraints and the Market Power of Large Distributors," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 17(2), pages 135-153, September.
  40. Janine Empen & Stephen F. Hamilton, 2015. "How Do Retailers Price Beer During Periods of Peak Demand? Evidence from Game Weeks of the German Bundesliga," Southern Economic Journal, John Wiley & Sons, vol. 81(3), pages 679-696, January.
  41. Alex Albright & Peter Pedroni & Stephen Sheppard, 2018. "Uncorking Expert Reviews with Social Media: A Case Study Served with Wine," Department of Economics Working Papers 2018-03, Department of Economics, Williams College.
  42. Janssen, Aljoscha & Kasinger, Johannes, 2021. "Obfuscation and Rational Inattention in Digitalized Markets," Working Paper Series 1379, Research Institute of Industrial Economics.
  43. Conlisk, John & Gong, Jyh-Chyi & Tong, Ching H., 2000. "Imitation and the dynamics of norms," Mathematical Social Sciences, Elsevier, vol. 40(2), pages 197-213, September.
  44. Thierry Vignolo & Agnès d'Artigues, 2003. "Why Global Integration May Lead to Terrorism: An Evolutionary Theory of Mimetic Rivalry," Economics Bulletin, AccessEcon, vol. 6(11), pages 1-8.
  45. Michael J. Haupert, 1994. "New York Free Banks and the Role of Reputations," The American Economist, Sage Publications, vol. 38(2), pages 66-77, October.
  46. Fung, Simon Yu Kit & Raman, K.K. & Zhu, Xindong (Kevin), 2017. "Does the PCAOB international inspection program improve audit quality for non-US-listed foreign clients?," Journal of Accounting and Economics, Elsevier, vol. 64(1), pages 15-36.
  47. Caswell, Julie A. & Perloff, Jeffrey M., 1993. "Implications of New Industrial Organization and Demand Models for Marketing Research," Food and Agricultural Marketing Issues for the 21st Century - FAMC 1993 Conference 265924, Food and Agricultural Marketing Consortium (FAMC).
  48. Andrew Caplin & John Leahy & Filip Matějka, 2015. "Social Learning and Selective Attention," NBER Working Papers 21001, National Bureau of Economic Research, Inc.
  49. Glenn Ellison & Drew Fudenberg, 1995. "Word-of-Mouth Communication and Social Learning," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(1), pages 93-125.
  50. Matzke, Christina & Wirth, Benedikt, 2009. "Product Pricing when Demand Follows a Rule of Thumb," Bonn Econ Discussion Papers 3/2009, University of Bonn, Bonn Graduate School of Economics (BGSE).
  51. Ram Singh, 2002. "Characterization of Efficient Product Liability Rules: When Consumers are Imperfectly Informed," Working papers 110, Centre for Development Economics, Delhi School of Economics.
  52. Geroski, Paul A & Mazzucato, Mariana, 2001. "Advertising and the Evolution of Market Structure in the US Car Industry," CEPR Discussion Papers 2860, C.E.P.R. Discussion Papers.
  53. Anne-Sophie V. E. Radermecker, 2019. "Artworks without names: an insight into the market for anonymous paintings," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 43(3), pages 443-483, September.
  54. Zeppini, Paolo, 2015. "A discrete choice model of transitions to sustainable technologies," Journal of Economic Behavior & Organization, Elsevier, vol. 112(C), pages 187-203.
  55. Ningyuan Chen & Anran Li & Kalyan Talluri, 2021. "Reviews and Self-Selection Bias with Operational Implications," Management Science, INFORMS, vol. 67(12), pages 7472-7492, December.
  56. Teng, Jinn-Tsair & Thompson, Gerald L., 1996. "Optimal strategies for general price-quality decision models of new products with learning production costs," European Journal of Operational Research, Elsevier, vol. 93(3), pages 476-489, September.
  57. Alessandro Stanziani, 2004. "Wine Reputation and Quality Controls: The Origin of the AOCs in 19th Century France," European Journal of Law and Economics, Springer, vol. 18(2), pages 149-167, September.
  58. Dana, James D, Jr, 2001. "Competition in Price and Availability When Availability is Unobservable," RAND Journal of Economics, The RAND Corporation, vol. 32(3), pages 497-513, Autumn.
  59. Paolo Zeppini, 2014. "A discrete choice model of transitions to sustainable technologies: speed limits and optimal monetary policies," Department of Economics Working Papers 28/14, University of Bath, Department of Economics.
  60. Woeckener, Bernd, 2000. "The competition of user networks: ergodicity, lock-ins, and metastability," Journal of Economic Behavior & Organization, Elsevier, vol. 41(2), pages 85-99, February.
  61. Yang, Gangqiang & Nie, Yiming & Li, Honggui & Wang, Haisen, 2023. "Digital transformation and low-carbon technology innovation in manufacturing firms: The mediating role of dynamic capabilities," International Journal of Production Economics, Elsevier, vol. 263(C).
  62. Fang Yang & Xu Li, 2023. "Corporate Financialization, ESG Performance and Sustainability Development: Evidence from Chinese-Listed Companies," Sustainability, MDPI, vol. 15(4), pages 1-28, February.
  63. Sobel, Joel, 2000. "Economists' Models of Learning," Journal of Economic Theory, Elsevier, vol. 94(2), pages 241-261, October.
  64. Bharat Bhole & Bríd Hanna, 2015. "Word-of-Mouth Communication and Demand for Products with Different Quality Levels," Computational Economics, Springer;Society for Computational Economics, vol. 46(4), pages 627-651, December.
  65. Noah Gans, 2002. "Customer Loyalty and Supplier Quality Competition," Management Science, INFORMS, vol. 48(2), pages 207-221, February.
  66. Goyal, Sanjeev, 2003. "Learning in Networks: a survey," Economics Discussion Papers 9983, University of Essex, Department of Economics.
  67. Michela Limardi, 2008. "International labour standards and product differentiation," Working Papers halshs-00586062, HAL.
  68. Francesco Pasimeni, 2019. "Community-Based Adoption and Diffusion of Micro-Grids: Analysis of the Italian Case with Agent-Based Model," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 22(1), pages 1-11.
  69. Chaolin Yang & Liang Guo & Sean X. Zhou, 2022. "Customer Satisfaction, Advertising Competition, and Platform Performance," Production and Operations Management, Production and Operations Management Society, vol. 31(4), pages 1576-1594, April.
  70. Berninghaus, Siegfried & Ramser, Hans Jürgen, 1981. "Produktdiversität, Werbung und unvollständige Information," Discussion Papers, Series I 164, University of Konstanz, Department of Economics.
  71. Yang, Yu-Chen & Cheng, Hsing Kenneth & Ding, Chao & Li, Shengli, 2017. "To join or not to join group purchasing organization: A vendor's decision," European Journal of Operational Research, Elsevier, vol. 258(2), pages 581-589.
  72. Katherine M. Sauer, 2008. "The quality of parallel imports," Economics Bulletin, AccessEcon, vol. 6(44), pages 1-10.
  73. Woeckener, Bernd W., 1998. "The competition of user networks: Ergodicity, lock-ins, and metastability," Tübinger Diskussionsbeiträge 127, University of Tübingen, School of Business and Economics.
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