Similar Search Results

Are geographical indications a worthy quality label? A framework with endogenous quality choice

Desquilbet, Marion; Monier-Dilhan, Sylvette - Toulouse School of Economics (TSE) - 2011

We analyze the effects of Geographical Indication (GI) labeling on quality choices and welfare with two vertically differentiated goods, one labelable, the other not. We consider two attributes of these goods: gustatory quality and geographical origin. We investigate two extreme cases of the...

Persistent link: https://www.econbiz.de/10009395115

Reputation as an Entry Barrier in the Credit Rating Industry

Jeon, Doh-Shin; Lovo, Stefano - Toulouse School of Economics (TSE) - 2011

We study competition between an incumbent Credit Rating Agency (CRA) and a sequence of entrant CRAs that are potentially more e¤ective but whose ability in appraising default risk is unproven when they enter the market. We show that free entry competition fails to select the most competent CRA...

Persistent link: https://www.econbiz.de/10009369345

Informative Advertisement of Partial Compatible Products

Roig, Guillem - Toulouse School of Economics (TSE) - 2014

paper, we look at the link between advertisement and product design and we analyze how firms' advertising decisions … equilibrium levels of advertising, consumers prefer fully compatible components rather than full incompatibility. As a result, a …

Persistent link: https://www.econbiz.de/10010823106

The Effects of Banning Advertising on Demand, Supply and Welfare: Structural Estimation on a Junk Food Market

Dubois, Pierre; Griffith, Rachel; O'Connell, Martin - Toulouse School of Economics (TSE) - 2014

Restricting advertising is one way governments seek to reduce consumption of potentially harmful goods. There have been … increasing calls to apply a similar policy to the junk food market. The effect will depend on how brand advertising influences … dynamic oligopoly supply in which multi-product firms compete in prices and advertising budgets. We model the impact of …

Persistent link: https://www.econbiz.de/10010760349

Structural Estimation of Expert Strategic Bias: The Case of Movie Reviewers

Camara, Fanny; Dupuis, Nicolas - Toulouse School of Economics (TSE) - 2014

We develop the first structural estimation of reputational cheap-talk games using data on movie reviews released in the US between 2004 and 2013. We identify and estimate movies' priors, as well as movie reviewers' abilities and strategic biases. We find that reviewers adopt reporting strategies...

Persistent link: https://www.econbiz.de/10010944642

Signaling quality in vertical relationships

Bontems, Philippe; Mahenc, Philippe - Toulouse School of Economics (TSE) - 2014

This paper addresses the issue of price signaling in a model of vertical relationship between a manufacturer and a retailer who share the same information about quality, unlike consumers who do not observe it a priori. We show that delegating the price setting task to a retailer and controlling...

Persistent link: https://www.econbiz.de/10011004722

How do GM / non GM coexistence regulations affect markets and welfare?

Desquilbet, Marion; Poret, Sylvaine - Toulouse School of Economics (TSE) - 2012

This paper presents a theoretical economic model assessing the effects of the level of mandatory genetically modified (GM) / non-GM coexistence regulations on market and welfare outcomes. We assume vertical differentiation of GM and non-GM goods on the consumer side. Producers are heterogeneous...

Persistent link: https://www.econbiz.de/10011004788

Mass Retailers’ Advertising Strategies Faced with Different Competitor Store Formats: Commodity Stores or Hard Discounts.

Bergès, Fabian; Monier-Dilhan, Sylvette - Toulouse School of Economics (TSE) - 2012

This article analyzes the effects of international trade policies on an imperfect competitive domestic market, taking into account not only consumers but also upstream and downstream firms. We first study the impact of a classic import tax decrease and we find that upstream firms are harmed and...

Persistent link: https://www.econbiz.de/10009651487

Retail Price Regulation and Innovation: Reference Pricing in the Pharmaceutical Industry

Bardey, David; Bommier, Antoine; Jullien, Bruno - Toulouse School of Economics (TSE) - 2009

Persistent link: https://www.econbiz.de/10008465322

Supplier Fixed costs and Retail Market Monopolization

Caprice, Stéphane; von Schlippenbach, Vanessa; Wey, … - Toulouse School of Economics (TSE) - 2014

Considering a vertical structure with perfectly competitive upstream firms that deliver a homogenous good to a differentiated retail duopoly, we show that upstream fixed costs may help to monopolize the downstream market. We find that downstream prices increase in upstream firms'fixed costs when...

Persistent link: https://www.econbiz.de/10010934792