Price Competition and Reputation in Markets for Experience Goods: An Experimental Study* We experimentally examine the effects of price competition in markets for experience goods where sellers can build up reputations for quality. We compare price competition to monopolistic markets and markets where prices are exogenously fixed (somewhere between the endogenous oligopoly and monopoly prices)....

The paper investigates price and quality competitiveness and comparative advantage in the new and old European Union Member States’ agri-food trade on the global market between 2000 and 2011. The empirical results show that the new and old Member States have become more similar in successful agri-food competitiveness and comparative advantages. The shares of successful price and successful qual...

Background: General Practitioners have limited means to compete. As quality is hard to observe by patients, GPs have incentives to signal quality by using instruments patients perceive as quality. Objectives: We investigate whether GPs exhibit different prescribing behavior (volume and value of prescriptions) when confronted with more competition. As there is no monetary benefit in doing so, th...