Firms’ strategic delegation with heterogeneous consumers

2020 ◽  
Vol 131 (3) ◽  
pp. 199-221
Author(s):  
Cong Pan ◽  
DongJoon Lee ◽  
Kangsik Choi
Keyword(s):  
Strategic Delegation ◽  
Heterogeneous Consumers

scholarly journals A model of strategic delegation in contests between groups

2008 ◽  
Vol 13 (3) ◽  
pp. 205-232 ◽  
Author(s):  
Stefan Brandauer ◽  
Florian Englmaier
Keyword(s):  
Strategic Delegation

scholarly journals Getting Prices Right: What Should Be Done?

1998 ◽  
Vol 12 (1) ◽  
pp. 37-46 ◽  
Author(s):  
Angus Deaton
Keyword(s):  
Cost Of Living ◽  
Identification Problems ◽  
Single Index ◽  
Rate Of Increase ◽  
Price Indexes ◽  
Short Run ◽  
The Cost ◽  
Heterogeneous Consumers

Much of the profession accepts that the CPI likely overstates the rate of increase of the cost-of-living. It is less clear that there are sound and feasible steps that the BLS can adopt to improve matters in the short run. There are unresolved conceptual and identification problems in the measurement of quality. Superlative price indexes are not feasible, and feasible approximations are not superlative, and may not even be better. The need for a single index that aggregates over heterogeneous consumers with different incomes, tastes, and needs casts serious doubt on the cost-of-living approach.

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