全部 标题 作者
关键词 摘要

OALib Journal期刊
ISSN: 2333-9721
费用:99美元

查看量下载量

相关文章

更多...

Market Share Indicates Quality

Full-Text   Cite this paper   Add to My Lib

Abstract:

Market share and quality, or customer satisfaction, go together. Yet inferring one from the other appears difficult. Indeed, such an inference would need detailed information about customer behavior, and might be clouded by modes of behavior such as herding (following popularity) or elitism, where customers avoid popular products. We investigate a fixed-price model where customers are informed about their history with products and about market share data. We find that it is in fact correct to make a Bayesian inference that the product with the higher market share has the better quality under few and unrestrictive assumptions on customer behavior.

Full-Text

Contact Us

service@oalib.com

QQ:3279437679

WhatsApp +8615387084133