Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5060921 | Economics Letters | 2011 | 4 Pages |
Abstract
⺠The price ratio of high- to low-quality products decreases with less competition. ⺠The decrease is larger when low-quality consumers are more likely to switch firms. ⺠Medium- to low-quality prices decrease to a lesser extent with less competition.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Manuel A. Hernandez,