Articles (peer-reviewed) [837]

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Forthcoming
A Note on Quality Disclosure and Competition
Journal of Industrial Economics
forthcoming
All's well that ends well? Crisis policy after the German Constitutional Court’s ruling in Gauweiler
Maastricht Journal of European and Comparative Law
forthcoming
Belastbare und effiziente Wissenschaft: Strategische Ausrichtung von Forschungsprozessen als Weg aus der Replikationskrise
Psychologische Rundschau
forthcoming
Constitutions as Chains? – On the Intergenerational Challenges of Constitution-Making
Intergenerational Justice Review
9
1
forthcoming
Endogenous information acquisition in matching problems
Social Choice and Welfare
forthcoming
Evidence-Based Jurisprudence meets Legal Linguistics. Unlikely Blends Made in Germany
Brigham Young University Law Review (BYU L. Rev.)
43
forthcoming
First-Order and Second-Order Ambiguity Aversion
Management Science
forthcoming
Information Aggregation Through Stock Prices and the Cost of Capital
Journal of Institutional and Theoretical Economics
forthcoming
Optimal Group Decision: A Matter of Confidence Calibration
Journal of Mathematical Psychology
forthcoming
Salience, competition, and decoy goods
Economics Letters
forthcoming
Abstract
We consider a brand manufacturer who can offer, next to its high-quality product, also a decoy good and faces competition by a competitive fringe that produces low quality. We show that the brand manufacturer optimally provides a decoy good to boost the demand for its main product if consumers’ purchasing decisions are distorted by salient thinking. The optimal decoy good is designed such that the superior quality of the brand manufacturers’ main product and the unattractive feature of the fringe product are salient.