Brand-specific tastes for quality
This paper develops a model of nonlinear pricing with competition. The novel element is that each consumer's willingness to pay for quality is private information and is allowed to differ across brands. The consumer's preferences are represented by a multidimensional type containing the ma...
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| Format: | Article |
| Language: | English |
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Elsevier,
2015-09-18T13:53:54Z.
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| Online Access: | Get fulltext |