How did the diffusion of the Internet affect performance and product quality in the airline industry? We argue that the …’ incentives to provide high quality products. …

) newspapers in the Internet. For this purpose, we build a model of multiple issues which allows each newspaper to choose quality … leads each newspaper to specialize in terms of news coverage. In this case, its presence changes quality choices from … strategic substitutes to strategic complements. In the case of symmetric newspapers, this leads to an increase in the quality of …

this paper, we look at how the existence of contracts between firms and intermediaries affects the quality of the advice … received by consumers, and firms' incentives to invest in improving the quality of their products. We consider a model with one … distorts firms' incentives to invest. Quality can then decrease or increase compared to an objective benchmark. We contrast our …

quality, where a journal's quality determined by the quality of the papers it publishes. We provide a simple model of journal … quality. As an illustration of the value of the model, we use it to address issues that have arisen in the recent debate … articles than traditional journals, moving further down the quality spectrum in order to boost revenue; (b) whether journal …

The aim of this research is to analyze whether and when ratings are informative signals about the quality of movies … the quality using ratings as signals. The signal produced by one rating is very noisy and might not be taken into account …. The more people rate, the better are signals' quality. Consumers are not considerably dispersed in how they value quality. …

heterogeneity of quality preferences. Two pricing strategies are studied: a static price and a single price change. Properties of …A monopolist offers a product to a market of consumers with heterogeneous quality preferences. Although initially … uninformed about the product quality, they learn by observing past purchase decisions and reviews of other consumers. Our goal is …

A monopolist offers a product to a market of consumers with heterogeneous quality preferences. Although initially … uninformed about the product quality, they learn by observing past purchase decisions and reviews of other consumers. Our goal is … to analyze the social learning mechanism and its effect on the seller's pricing decision. Consumers follow an intuitive …