On the use of labels in credence goods markets
By Olivier Bonroy, Christos Constantatos. 2008
112 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Management Science and Operations Research
View Paper: https://www.semanticscholar.org/paper/616dc55a664e4e9d68c825bcc22f306e8584ec04
How researchers see this paper
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In Economics and Econometrics
- Jens Hainmueller
- Michael J. Hiscox
- Olivier Bonroy
- Christos Constantatos
- Sandra Sequeira
- U. Hamm
- Meike Janssen
- Sonal S. Pandya
Citations in the corpus
- Can information costs affect consumer choice? Nutritional labels in a supermarket experiment (2013, unknown): “Following Bonroy and Constantatos (2008), we consider a simplified duopoly market setting with two versions of a good, gh (denoting the higher nutritional content) and gl (denoting the lower nutritional content), produced at constant marginal costs (with ch > cl).”
- On the Economics of Labels: How Their Introduction Affects the Functioning of Markets and the Welfare of All Participants (2015, background): “Instead of assuming that in the absence of a label all consumers expect to purchase the same average quality, let us now assume, along with Gabszewicz and Grilo (1992) and Bonroy and Constantatos (2008), that they have idiosyncratic beliefs about the firm that sells the high quality.”
- Consumer Demand for Fair Trade: Evidence from a Multistore Field Experiment (2015, background): “…to consumers can lead to welfare losses, as consumers who prefer goods with high ethical quality cannot identify (and thus adequately reward) high-quality producers, and the latter are driven from the market by low-quality producers, which face lower costs (Bonroy & Constantatos, 2003, 2008).”
- Consumer perception of different organic certification schemes in five European countries (2011, background): “Consumer trust in the product integrity is therefore a critical issue for credence goods to successfully compete in the market, in particular if the credence attribute is accompanied by a price premium like in the case of organic food (Jahn et al. 2005; McCluskey 2000; Bonroy and Constantatos 2008).”