search query: @indexterm Adverse selection / total: 65
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| Author: | Biglaiser, G. Ma, C.-to A. |
| Title: | Price and quality competition under adverse selection: market organization and efficiency |
| Journal: | RAND Journal of Economics
2003 : SUMMER, VOL. 34:2, p. 266-286 |
| Index terms: | Economic efficiency Market efficiency Prices Quality Competition Adverse selection |
| Language: | eng |
| Abstract: | Firms compete with prices and qualities in markets where consumers have heterogeneous preferences and costs characteristics. The authors consider two strategy regimes for firms: uniform price-quality pairs, and screening price-quality menus. |
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