A model of labeling with horizontal differentiation and cost variability

We study optimal disclosure of variety by a multi-product firm with random costs. In our model there are two varieties that are horizontally differentiated and differ in overall quality, but buyers cannot distinguish between them without labels. The equilibrium prices for labeled varieties are incre...

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Bibliographic Details
Main Author: Saak, Alexander E.
Format: Artículo preliminar
Language:Inglés
Published: International Food Policy Research Institute 2011
Subjects:
Online Access:https://hdl.handle.net/10568/153969

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