Quarterly Journal of Economics Vol. 93 No. 1 1979

Product Quality in Markets Where Consumers are Imperfectly Informed

Dennis E. Smallwood; John Conlisk

University of California San Diego

Abstract

I. Introduction, 1.—II. Context of the model, 3.—III. Consumer specifications and market equilibrium in the case of fixed breakdown probabilities, 5.—IV. Breakdown probabilities set by profit considerations, 11.—V. Conclusion, 19.—Appendix, 20.

DOI

10.2307/1882595

Volume

93

Issue

1

Pages

1

Sources

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