5,351 research outputs found
Critical Point Equation on three-dimensional manifolds and the Besse Conjecture
In this paper, we present the resolution of the Besse conjecture on a three
dimensional compact manifold. We also prove the rigidity of the Miao-Tam
critical metric on a three dimensional compact manifold with a smooth boundary
Does Price Signal Quality? Strategic Implications of Price as a Signal of Quality for the Case of Genetically Modified Food
We add to the limited empirical literature on consumers' use of price as a quality signal by testing if the traditional downward-sloping consumption-price relationship fails to hold for GM products using data collected from a nationally representative mail survey featuring several hypothetical product choice scenarios. Statistical evidence is mixed across the three products investigated but suggests that survey respondents use price as a signal of the quality of GM products. Implications for firm strategy are discussed.Conjoint analysis, genetically modified food, pricing strategy, price-quality relationship, Demand and Price Analysis,
Does Price Signal Quality? Strategic Implications of Price as a Signal of Quality for the Case of Genetically Modified Food
When products are differentiated and quality is highly subjective (e.g., fashion or art), novel (e.g., a new feature), or difficult to verify prior to purchase (e.g., credence attributes), consumers may turn to price as a signal of quality. Products containing genetically modified (GM) ingredients meet each of these criteria, i.e., GM ingredients are novel, their presence is difficult to verify, and their impact on subjective quality may be viewed differently across individuals with the same knowledge. We add to the limited empirical literature on consumers' use of price as a quality signal by testing for non-monotonicity of consumer demand in price for GM products using data collected from a nationally representative mail survey featuring several hypothetical product choice scenarios. We find mixed evidence across three products for non-monotonicity of demand in price and argue the results suggest that survey respondents use price as a signal of the quality of GM products for at least one of the three products investigated. Implications for firm strategy and regulation are discussed.Research and Development/Tech Change/Emerging Technologies,
- …