Quality uncertainty and price in monopoly markets

Journal of Industrial Economics

Volumn 44, Issue 1, 1996, Pages 25-32

  Kehoe, Michael R ^a  

^a MONTANA STATE UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0040519633     PISSN: 00221821     EISSN: None     Source Type: Journal    
DOI: 10.2307/2950558     Document Type: Article

References (9)

1. BAGNOLI, M. and BERGSTROM, T., 1989, 'Log Concave Probability and Its Applications', CREST Working Paper No. 89-23, Department of Economics, University of Michigan.
2. BAGWELL, K. and RIORDAN, M. H., 1991, 'High and Declining Prices Signal Product Quality', American Economic Review, 81, pp. 224-239.
3. DARBY, M. R. and KARNI, E., 1973, 'Free Competition and the Optimal Amount of Fraud', Journal of Law and Economics, 16, pp. 67-88.
4. DRANOVE, D. and SATTERTHWATTE, M., 1992, 'Monopolistic Competition when Price and Quality and Imperfectly Observable', Rand Journal of Economics, 23, pp. 518-534.
5. HJORTH-ANDERSEN, C., 1991, 'Quality Indicators in Theory and Fact', European Economic Review, 35, pp. 1491-1505.
6. MILGROM, P. and WEBER, R., 1982, 'A Theory of Auctions and Competitive Bidding', Econometrica, 50, pp. 1089-1122.
7. RIORDAN, M. J., 1986, ''Monopolistic Competition with Experience Goods', Quarterly Journal of Economics, 101, pp. 255-280.
8. SWAN, P., 1972, 'Optimum Durability, Second-Hand Markets, and Planned Obsolescence', Journal of Political Economy, 80, pp. 575-585.
9. TIROLE, J., 1988, The Theory of Industrial Organization (MIT Press, Cambridge).