Quality Disclosure and Competition


We analyze costly quality disclosure with horizontally differentiated products under duopoly and monopoly, and characterize the effect of competition on disclosure and welfare. We show that expected disclosure is higher under monopoly than under duopoly, and the welfare comparison depends on the level of disclosure cost: when the disclosure cost is low… (More)


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@inproceedings{Levin2005QualityDA, title={Quality Disclosure and Competition}, author={Dan Levin and James Peck and Lixin Ye}, year={2005} }