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Do Bad Products Drive Out Good?

Author

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  • Geoffrey Heal

Abstract

I. Introduction, 499.—IL Akerlof's problem and the prisoner's dilemma, 499.

Suggested Citation

  • Geoffrey Heal, 1976. "Do Bad Products Drive Out Good?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(3), pages 499-502.
    • Handle: RePEc:oup:qjecon:v:90:y:1976:i:3:p:499-502.
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    Cited by:

    1. John C. Moorehouse, 2001. "Does Information on the Internet Weaken the Case for Consumer Protection Regulation?," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 16(Spring 20), pages 138-160.
    2. Belacin, Gisele, 2008. "Disponibilidad a pagar por atributos de calidad. Un estudio aplicado para el caso de la leche fluida," Nülan. Deposited Documents 635, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
    3. Pierre Fleckinger, 2007. "Collective Reputation and Market Structure: Regulating the Quality vs Quantity Trade-of," Working Papers hal-00243080, HAL.
    4. Petra Brhlikova & Andeas Ortmann, 2006. "The Impact of the Non-distribution Constraint and Its Enforcement on Entrepreneurial Choice, Price, and Quality," CERGE-EI Working Papers wp299, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    5. Chen, Yong & Mak, Barry & Li, Zhou, 2013. "Quality deterioration in package tours: The interplay of asymmetric information and reputation," Tourism Management, Elsevier, vol. 38(C), pages 43-54.
    6. Erwan Queinnec, 2011. "Do Not-For-Profit Organizations Meet A Demand For Trust Goods ? A Reappraisal Of The Contract Failure Theory [Resoudre Un Probleme D’Asymetrie D’Information En S’Abstenant De Faire Du Profit : Les ," CEPN Working Papers hal-01367931, HAL.
    7. Otto Keck, 1987. "The Information Dilemma," Journal of Conflict Resolution, Peace Science Society (International), vol. 31(1), pages 139-163, March.
    8. Giorgio Coricelli & Luigi Luini, 1999. "Double Moral Hazard: an Experiment on Warranties," CEEL Working Papers 9901, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
    9. Roland Kirstein & Annette Kirstein, "undated". "Europäischer Verbraucherschutz – Ausdruck grenzenloser Regulierungswut oder sinnvoller Schutz für Käufer? Erkenntnisse aus einem Laborexperiment," German Working Papers in Law and Economics 2006-1-1160, Berkeley Electronic Press.
    10. Sanjeev Dewan & Vernon Hsu, 2004. "Adverse Selection In Electronic Markets: Evidence From Online Stamp Auctions," Journal of Industrial Economics, Wiley Blackwell, vol. 52(4), pages 497-516, December.
    11. Andreas Ortmann & Katarína Svítková, 2007. "Certification as a Viable Quality Assurance Mechanism in Transition Economies: Evidence, Theory, and Open Questions," Prague Economic Papers, Prague University of Economics and Business, vol. 2007(2), pages 99-114.
    12. Rakotoarisoa, Manitra A. & Narayanan G., Badri & Khorana, Sangeeta, 2014. "Can reciprocal tariff elimination reduce the welfare losses due to lagging labour productivity?: An analysis of reciprocal preferential trade access between Sub-Saharan Africa and industrialized count," Conference papers 332491, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    13. Tunstall, Allan W., 1990. "Corruption at Flemington Markets? A Case Study in Public Policy," 1990 Conference (34th), February 13-15, 1990, Brisbane, Australia 145426, Australian Agricultural and Resource Economics Society.
    14. Sethi, Rajiv, 1996. "Evolutionary stability and social norms," Journal of Economic Behavior & Organization, Elsevier, vol. 29(1), pages 113-140, January.
    15. Khan, M. Fahim, 1994. "Comparative Economics Of Some Islamic Financing Techniques," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 2, pages 35-68.
    16. Andreas Ortmann, 2001. "Capital Romance: Why Wall Street Fell in Love With Higher Education," Education Economics, Taylor & Francis Journals, vol. 9(3), pages 293-311.

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