Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062618 | Economics Letters | 2006 | 5 Pages |
Abstract
Stivers [Stivers, Andrew E., 2003. Quality standards with exogenously distributed quality. Economics Letters 80 (1) 130-136.] finds the optimal segmentation of quality when the distribution of quality is exogenous. This paper characterizes the optimal number of standards. As the cost of information falls, both the number of standards and the market coverage of the firm rise.
Related Topics
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Economics and Econometrics
Authors
Andrew E. Stivers,