A model of labeling with horizontal differentiation and cost variability
We study optimal disclosure of variety by a multiproduct firm with random costs. The prices for labeled varieties are increasing functions of the cost differential and do not reveal which variety is cheaper to produce. Nondisclosure is most common under moderate uncertainty about costs and not too m...
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| Format: | Journal Article |
| Language: | Inglés |
| Published: |
Wiley
2011
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| Online Access: | https://hdl.handle.net/10568/154080 |
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