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Buyer confusion and market prices

Article ID Journal Published Year Pages File Type
5078313 International Journal of Industrial Organization 2011 9 Pages PDF
Abstract
Buyer confusion and market prices ► Sellers make it hard for buyers to assess the quality of their goods ► As a result buyers are confused about the relative quality of different goods ► This allows sellers to increase their prices.
Keywords
D12L13D03ExperimentBounded rationalityMarket powerProduct complexity
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Buyer confusion and market prices
Authors
Kenan Kalaycı, Jan Potters,
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Journal
International Journal of Industrial Organization
Journal: International Journal of Industrial Organization
Related Categories
D12
L13
D03
Experiment
Bounded rationality
Market power
Product complexity
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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