Jens Beckert (2020) Cambridge Journal of Economics, 44(2), p. 285–301. Abstract. This article explores price formation in markets where quality cannot be based on intrinsic characteristics of the good exchanged. In such markets, quality uncertainty is not an information problem as described by Akerlof in the market for lemons model. Instead, defining quality is a problem of contingent assessments that are arrived at intersubjectively through discursive practices and mutual observation ..
This paper considers price competition in a duopoly with quality uncertainty. The established firm (...
High-quality producers in a market where quality varies can reap superior profits by charging higher...
This paper analyzes the impact of risk and ambiguity aversion - Knightian uncertainty - on the choic...
This article explores price formation in markets where quality cannot be based on intrinsic characte...
How can we engage in a market relationship when the quality of the goods we want to acquire is unkno...
With credence goods consumers cannot judge actual quality neither before purchase - ex ante - nor af...
The purpose of this paper is to introduce a new category of goods, 'indeterminate goods', which will...
In markets with qualitative uncertainty, pricing on the basis of average quality will be unattractiv...
Gertz C. A Model of Quality Uncertainty with a Continuum of Quality Levels. Center for Mathematical ...
How can we engage in a market relationship when the quality of the goods we want to acquire is unkno...
This paper analyses price competition under product differentiation when goods are defined in a two ...
This paper considers markets in which consumers are imperfectly informed about both product prices a...
With credence goods consumers cannot judge actual quality neither before purchase (ex ante) nor afte...
In this paper we study the effects of demand uncertainty and imperfect competition on market entry a...
Gertz C. Quality Uncertainty with Imperfect Information Acquisition. Center for Mathematical Economi...
This paper considers price competition in a duopoly with quality uncertainty. The established firm (...
High-quality producers in a market where quality varies can reap superior profits by charging higher...
This paper analyzes the impact of risk and ambiguity aversion - Knightian uncertainty - on the choic...
This article explores price formation in markets where quality cannot be based on intrinsic characte...
How can we engage in a market relationship when the quality of the goods we want to acquire is unkno...
With credence goods consumers cannot judge actual quality neither before purchase - ex ante - nor af...
The purpose of this paper is to introduce a new category of goods, 'indeterminate goods', which will...
In markets with qualitative uncertainty, pricing on the basis of average quality will be unattractiv...
Gertz C. A Model of Quality Uncertainty with a Continuum of Quality Levels. Center for Mathematical ...
How can we engage in a market relationship when the quality of the goods we want to acquire is unkno...
This paper analyses price competition under product differentiation when goods are defined in a two ...
This paper considers markets in which consumers are imperfectly informed about both product prices a...
With credence goods consumers cannot judge actual quality neither before purchase (ex ante) nor afte...
In this paper we study the effects of demand uncertainty and imperfect competition on market entry a...
Gertz C. Quality Uncertainty with Imperfect Information Acquisition. Center for Mathematical Economi...
This paper considers price competition in a duopoly with quality uncertainty. The established firm (...
High-quality producers in a market where quality varies can reap superior profits by charging higher...
This paper analyzes the impact of risk and ambiguity aversion - Knightian uncertainty - on the choic...