Article ID Journal Published Year Pages File Type
5062651 Economics Letters 2006 7 Pages PDF
Abstract

We show that an increase in consumer transparency may increase prices if goods are imperfect substitutes. If the consumers have more information about the goods that are available and about corresponding prices they will increase their demand. The effect of this on prices may override the competition enhancing effect of transparency.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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