Gagnon-Bartsch, Tristan

Quality Is in the Eye of the Beholder: Taste Projection in Markets with Observational Learning - American Economic Review 2024 - 3746-3787

We study how misperceptions of others' tastes influence beliefs, demand, and prices in markets with observational learning. Consumers infer a good's quality from the quantity demanded and price paid by others. When consumers exaggerate the similarity betw

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Communication
Information and Knowledge
Information and Product Quality
Learning
Micro-Based Behavioral Economics
Market Structure