Alternative interpretations of price-quality relations

Christian Hjorth-Andersen

doi:10.1007/BF01016355

Alternative interpretations of price-quality relations

Christian Hjorth-Andersen

Økonomisk Institut

12 Citationer (Scopus)

Abstract

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

Originalsprog	Engelsk
Tidsskrift	Journal of Consumer Policy
Vol/bind	15
Udgave nummer	1
Sider (fra-til)	71-82
ISSN	0168-7034
DOI	https://doi.org/10.1007/BF01016355
Status	Udgivet - 1992

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10.1007/BF01016355

Citationsformater

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abstract = "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",

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AB - 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

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DO - 10.1007/BF01016355

M3 - Journal article

SN - 0168-7034

VL - 15

SP - 71

EP - 82

JO - Journal of Consumer Policy

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ER -

Alternative interpretations of price-quality relations

Abstract

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