Comportamenti d impresa e informazione del consumatore

G. Candela, Roberto Cellini and Antonello Scorcu

Working Papers from Dipartimento Scienze Economiche, Universita' di Bologna

Abstract: The paper analyses the relationship between the average quantity of a good demanded by a consumer in a single act of purchase and the price setting behaviour of firms, in the presence of consumers uncertainty about prices. A decrease of the average quantity purchased leads consumers to reduce the collection of information and increases the room for larger mark-up set by firms, with a consequent higher average price and higher variance of prices. An empirical analysis on the data about hotel stays in seaside resorts in Italy during the summer seasons in the period 1988-1997 is consistent with this point.

Date: 1999-03
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://amsacta.unibo.it/4962/1/347.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bol:bodewp:347

Access Statistics for this paper

More papers in Working Papers from Dipartimento Scienze Economiche, Universita' di Bologna Contact information at EDIRC.
Bibliographic data for series maintained by Dipartimento Scienze Economiche, Universita' di Bologna ().