Alternative interpretations of price-quality relations

Research output: Contribution to journalJournal articleResearchpeer-review

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
Original languageEnglish
JournalJournal of Consumer Policy
Volume15
Issue number1
Pages (from-to)71-82
ISSN0168-7034
DOIs
Publication statusPublished - 1992

ID: 158683