Equilibrium distributions of normalized margins are invariant to demand and costs, enabling closed-form pass-through formulas at each quantile of the price distribution.
Volker Nocke and Nicolas Schütz
2 Pith papers cite this work. Polarity classification is still indexing.
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Pith papers citing it
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econ.TH 2years
2026 2verdicts
UNVERDICTED 2representative citing papers
Higher-quality firms offer larger inspection subsidies in equilibrium, producing a unique forward-induction outcome where low-quality firms are never inspected, intermediate firms separate, and high-quality firms pool at full subsidy.
citing papers explorer
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Pass-through with Price Dispersion
Equilibrium distributions of normalized margins are invariant to demand and costs, enabling closed-form pass-through formulas at each quantile of the price distribution.
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Subsidizing Sequential Search
Higher-quality firms offer larger inspection subsidies in equilibrium, producing a unique forward-induction outcome where low-quality firms are never inspected, intermediate firms separate, and high-quality firms pool at full subsidy.