Transparency and product variety:
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Transparency and product variety : . / Schultz, Christian.
In: Economics Letters, Vol. 102, No. 3, 2009, p. 165-168.Research output: Contribution to journal › Journal article › Research › peer-review
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TY - JOUR
T1 - Transparency and product variety
AU - Schultz, Christian
N1 - JEL classification: L13, L15, L40
PY - 2009
Y1 - 2009
N2 - We study long run effects of transparency on the consumer side in a differentiated market. Only some consumers know prices. Increasing transparency reduces the equilibrium price, profit and firm entry. This improves welfare and, in most cases, average consumer utility.
AB - We study long run effects of transparency on the consumer side in a differentiated market. Only some consumers know prices. Increasing transparency reduces the equilibrium price, profit and firm entry. This improves welfare and, in most cases, average consumer utility.
U2 - 10.1016/j.econlet.2008.12.008
DO - 10.1016/j.econlet.2008.12.008
M3 - Journal article
VL - 102
SP - 165
EP - 168
JO - Economics Letters
JF - Economics Letters
SN - 0165-1765
IS - 3
ER -
ID: 13367360