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Signalling product quality: When is price relevant?

โœ Scribed by Philip Jones; John Hudson

Book ID
117350187
Publisher
Elsevier Science
Year
1996
Tongue
English
Weight
700 KB
Volume
30
Category
Article
ISSN
0167-2681

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## Abstract Doing a cost/benefit analysis? Then you know that it's tough to estimate the value of improvements in product quality. When can you justify the added costs of better processes or materials? The authors have an answer: Use a value function to estimate the value of the improvement. And th