QUALITY, REPUTATION, AND IMPORTS

This paper develops a model of how firms determine the quality of their output in a setting of asymmetric information. In this framework, the few lowest-cost firms produce high quality output and the rest produce at low quality due to a free-rider problem. The presence of imports exacerbates this problem.


Issue Date:
1999
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/21567
Total Pages:
16
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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