Article ID Journal Published Year Pages File Type
5078223 International Journal of Industrial Organization 2011 14 Pages PDF
Abstract
►We introduce competition in a market for lemons with informed price-setting sellers. ►If competition is weak, sellers can signal their quality through the price choice. ►Strong competition among sellers inhibits the role of prices as signals.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
, ,