haku: @indexterm Product differentiation / yhteensä: 236
viite: 62 / 236
| Tekijä: | Emons, W. |
| Otsikko: | Product differentiation and price competition between a safe and a risky behavior |
| Lehti: | Journal of Institutional and Theoretical Economics
2000 : SEP, VOL. 156:3, p. 431-444 |
| Asiasana: | PRODUCT DIFFERENTIATION PRICES COMPETITION |
| Kieli: | eng |
| Tiivistelmä: | A safe and a risky seller serve a market. While the expensive safe seller can solve the problems of all consumers, the cheap risky seller can help a consumer only with a certain probability. The risky seller's success probabilities are distributed across consumers; by the choice of her quality the risky seller determines the shape of this distribution. If the risky seller fails, a consumer ends up with the safe seller, paying for the service twice. |
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