Zobrazeno 1 - 4
of 4
pro vyhledávání: '"Tuomo Virkola"'
Publikováno v:
Journal of the European Economic Association.
This paper employs newly collected historical data from Finland to present evidence of historically contingent, long-run consequences of a famine. We document high levels of local inequality in terms of income and land distribution until a violent up
Publikováno v:
SSRN Electronic Journal.
We analyse signalling and sorting in a market with frictions and private information. Buyers are heterogeneous, the sellers choose what quality to produce and post prices. Buyers do not observe quality, but infer it from prices. In equilibrium high-q
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::74b2c1d5af99d0122870056ff38ab481
https://hdl.handle.net/1814/70189
https://hdl.handle.net/1814/70189
Publikováno v:
SSRN Electronic Journal.
We examine pricing in markets where products may be of heterogeneous quality and buyers have heterogeneous preferences. The sellers cannot credibly communicate the quality they offer, and consequently price acts as a signal of quality. We determine t