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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP10036 |
DP10036 Competitive Screening under Heterogeneous Information | |
Renato Gomes; Lucas Maestri; Daniel Garrett | |
发表日期 | 2014-06-22 |
出版年 | 2014 |
语种 | 英语 |
摘要 | We study competition in price-quality menus when consumers privately know their valuation for quality (type), and are heterogeneously informed about the offers available in the market. While firms are ex-ante identical, the menus offered in equilibrium are ordered so that more generous menus leave more surplus uniformly over types. More generous menus provide quality more efficiently, serve a larger range of consumers, and generate a greater fraction of profits from sales of low-quality goods. By varying the mass of competing firms, or the level of informational frictions, we span the entire spectrum of competitive intensity, from perfect competition to monopoly. |
主题 | Industrial Organization |
关键词 | Adverse selection Competition Heterogeneous information Price discrimination Screening |
URL | https://cepr.org/publications/dp10036 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538868 |
推荐引用方式 GB/T 7714 | Renato Gomes,Lucas Maestri,Daniel Garrett. DP10036 Competitive Screening under Heterogeneous Information. 2014. |
条目包含的文件 | 条目无相关文件。 |
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