Transparency and product variety:

Research output: Contribution to journalJournal articleResearchpeer-review

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.
Original languageEnglish
JournalEconomics Letters
Issue number3
Pages (from-to)165-168
Number of pages4
Publication statusPublished - 2009

ID: 13367360