- Path:
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Disclosure of Product Information After Price Competition
Files
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Periodical
- Title:
- The B.E. journal of theoretical economics
- Publication:
-
Berlin Boston, Mass.: De Gruyter
- Note:
- Gesehen am 04.12.20
- C!URL-Ä(06-02-12);C:auf der Degruyter-Seite werden bei den früheren Jg. (1.2001ff) die Artikel der darin aufgegangenen Zeitschriften aufgeführt, daher wurde der ev obiger Veröffentlichung nicht auf 1.2001 zurückdatiert;355!URL-Ä(04-12-20)
- Scope:
- Online-Ressource
- ISSN:
- 1935-1704
- ZDB-ID:
-
2268339-2
- VÖBB-Katalog:
- 35340968
- Keywords:
- Zeitschrift
- Classification:
- Sozialwissenschaften
- Wirtschaft
- Technik
- Collection:
- Sozialwissenschaften
- Wirtschaft
- Technik
- Copyright:
- Rights reserved
- Accessibility:
- Eingeschränkter Zugang mit Nutzungsbeschränkungen
- Title:
- The B.E. journal of theoretical economics
- Publication:
-
Berlin Boston, Mass.: De Gruyter
- Note:
- Gesehen am 04.12.20
- C!URL-Ä(06-02-12);C:auf der Degruyter-Seite werden bei den früheren Jg. (1.2001ff) die Artikel der darin aufgegangenen Zeitschriften aufgeführt, daher wurde der ev obiger Veröffentlichung nicht auf 1.2001 zurückdatiert;355!URL-Ä(04-12-20)
- Scope:
- Online-Ressource
- ISSN:
- 1935-1704
- ZDB-ID:
-
2268339-2
- VÖBB-Katalog:
- 35340968
- Keywords:
- Zeitschrift
- Classification:
- Sozialwissenschaften
- Wirtschaft
- Technik
- Collection:
- Sozialwissenschaften
- Wirtschaft
- Technik
- Copyright:
- Rights reserved
- Accessibility:
- Eingeschränkter Zugang mit Nutzungsbeschränkungen
Article
- Title:
- Disclosure of Product Information After Price Competition
- Publication:
-
Berlin Boston, Mass.: De Gruyter, 2024
- Language:
- English
- Information:
- Abstract: We study under what conditions product information sufficiently unravels in a competitive environment. Information sufficiently unravels if the consumer makes the same purchasing decision as under complete information. The consumer is uncertain about the sellers’ product characteristics while she has private information about her preference for differentiated products. In contrast to the prior literature, we focus on the case where the sellers compete to attract the consumer by disclosing product information only after they set prices for their individual products. We provide a necessary and sufficient condition on the consumer’s relative comparison of one seller’s product to the other’s for every outcome to be sufficient unraveling under comparative and non-comparative advertisements, respectively. We show, by example, that competition may enhance information disclosure only if the consumer has limited reasoning capability.
- Scope:
- Online-Ressource
- Note:
- Open Access
- Archivierung/Langzeitarchivierung gewährleistet
- Keywords:
- competition ; persuasion games ; information disclosure ; comparative advertisements ; non-comparative advertisements
- Classification:
- Sozialwissenschaften
- Wirtschaft
- Technik
- Sonstiges
- Collection:
- Sozialwissenschaften
- Wirtschaft
- Technik
- Sonstiges
- Copyright:
- Rights reserved
- Accessibility:
- Free Access
- Title:
- Disclosure of Product Information After Price Competition
- Publication:
-
Berlin Boston, Mass.: De Gruyter, 2024
- Language:
- English
- Information:
- Abstract: We study under what conditions product information sufficiently unravels in a competitive environment. Information sufficiently unravels if the consumer makes the same purchasing decision as under complete information. The consumer is uncertain about the sellers’ product characteristics while she has private information about her preference for differentiated products. In contrast to the prior literature, we focus on the case where the sellers compete to attract the consumer by disclosing product information only after they set prices for their individual products. We provide a necessary and sufficient condition on the consumer’s relative comparison of one seller’s product to the other’s for every outcome to be sufficient unraveling under comparative and non-comparative advertisements, respectively. We show, by example, that competition may enhance information disclosure only if the consumer has limited reasoning capability.
- Scope:
- Online-Ressource
- Note:
- Open Access
- Archivierung/Langzeitarchivierung gewährleistet
- Keywords:
- competition ; persuasion games ; information disclosure ; comparative advertisements ; non-comparative advertisements
- Classification:
- Sozialwissenschaften
- Wirtschaft
- Technik
- Sonstiges
- Collection:
- Sozialwissenschaften
- Wirtschaft
- Technik
- Sonstiges
- Copyright:
- Rights reserved
- Accessibility:
- Free Access
