Price competition between an expert and a non-expert

International Journal of Industrial Organization

Volumn 18, Issue 6, 2000, Pages 901-923

  Bouckaert, Jan ^a   Degryse, Hans ^b  

^a GHENT UNIVERSITY   (Belgium)

^b UNIVERSITY OF LEUVEN   (Belgium)

Author keywords

D43; Differentiation; L13; L15; Price competition; Quality; Re entry

Indexed keywords

EID: 0034399279     PISSN: 01677187     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0167-7187(98)00048-4     Document Type: Article

References (15)

1. Che Y.-K. Customer return policies for experience goods. J. Industrial Economics. 44:1996;17-24.
2. Emons, W., 1994. Credence Goods and Fraudulent Experts, Discussion paper. Bern, Switzerland: University of Bern, Volkswirtschaftliches Inst., Abteilung für Wirtschaftstheorie.
3. Harsanyi J.C. Games with randomly disturbed payoffs: a new rationale for mixed-strategy equilibrium points. Int. J. Game Theory. 2:1973;1-23.
4. Fudenberg D., Tirole J. The fat-cat effect, the puppy-dog ploy, and the lean and hungry look. Am. Economic Rev. (Papers and Proceedings). 74:1984;361-368.
5. Krishna K. Trade restrictions as facilitating practices. J. Int. Economics. 26:1989;251-270.
6. Krugman, P., 1989. Industrial Organization and International Trade. In: Schmalensee, R., Willig, R. (Eds.), Handbook of Industrial Organization, North Holland, Amsterdam, pp. 1179-1223.
7. Lal R., Matutes C. Price competition in multimarket duopolies. RAND J. Economics. 20(4):1989;516-537.
8. Meurer M., Stahl D.O. II Informative advertising and product match. Int. J. Industrial Organization. 12:1994;1-20.
9. Nelson P. Information and consumer behavior. J. Political Economy. 78:1970;311-329.
10. OECD, 1994. The Reform of Health Care Systems: A Review of Seventeen OECD Countries, OECD.
11. O'Hara, M., 1995. Market Microstructure Theory. Blackwell, Oxford.
12. Pagano M., Röell A. Auction and dealership markets: what is the difference? Eur. Economic Rev. 36:1992;613-623.
13. Taylor C.R. The economics of breakdowns, checkups, and cures. J. Political Economy. 103(1):1995;53-74.
14. Tirole, J., 1998. The Theory of Industrial Organisation. The MIT Press, Cambridge Massachusetts.
15. Wolinsky A. Competition in a market for informed experts' services. RAND J. Economics. 24(3):1993;380-398.