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Alternative interpretations of price-quality relations

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In a previous paper by Ratchford and Gupta price-quality relations are related to a measure of market efficiency. In this paper, alternative explanations are presented to the effect that one cannot conclude from a poor price-quality relation that the market is inefficient. Further, some of the estimates presented by Ratchford and Gupta are questioned
OriginalsprogEngelsk
TidsskriftJournal of Consumer Policy
Vol/bind15
Udgave nummer1
Sider (fra-til)71-82
ISSN0168-7034
DOI
StatusUdgivet - 1992

ID: 158683