Marktverhalten bei Qualitätsunsicherheit Reportar como inadecuado

Marktverhalten bei Qualitätsunsicherheit - Descarga este documento en PDF. Documentación en PDF para descargar gratis. Disponible también para leer online.


In reality, the so called -law of one price- does not always hold, especially since the consumers- search for information bears positive costs. This is more than often also due to the models assumption of fully informed consumers.

The present paper deeply investigates the topic of positive information costs, imperfect information and the influence on market institution, which is also at the heart of nowadays- information economics.

Item Type: MPRA Paper -

Original Title: Marktverhalten bei Qualitätsunsicherheit-

English Title: Market behavior under capital uncertainty-

Language: German-

Keywords: market behaviour; quality uncertainty-

Subjects: D - Microeconomics > D5 - General Equilibrium and Disequilibrium > D52 - Incomplete MarketsD - Microeconomics > D8 - Information, Knowledge, and Uncertainty-

Autor: Gilroy, Bernard Michael


Documentos relacionados