NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Qualitative Information, Reputation, and Monopolistic Competition

Michael R. Darby, John R. Lott, Jr.

NBER Working Paper No. 95
Issued in July 1975

Much recent research in the economics of information has analyzed the implications of alternative market structures in the presence of qualitative characteristics which cannot be accurately and objectively measured or described. This approach avoids the more basic question of the influence of qualitative information on the emergence of market structures. This paper argues that market structures arise which minimize total average production and information costs and that qualitative characteristics produce structures utilizing reputation.

download in pdf format
   (219 K)

email paper

This paper is available as PDF (219 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w0095

Published: International Review of Law and Economics, vol.9, no.1, pp87-103, June 1989

Users who downloaded this paper also downloaded these:
Feenstra w15593 Measuring the Gains from Trade under Monopolistic Competition
 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us