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Reputation for Quality

Author

Listed:
  • Moritz Meyer-ter-Vehn

    (UCLA)

  • Simon Board

    (UCLA)

Abstract

This paper analyses a model of R&D where the product quality is imperfectly observed by customers. We consider different types of customer monitoring and characterise the equilibrium levels of investment and the resulting reputational dynamics.

Suggested Citation

  • Moritz Meyer-ter-Vehn & Simon Board, 2009. "Reputation for Quality," 2009 Meeting Papers 160, Society for Economic Dynamics.
    • Handle: RePEc:red:sed009:160
    as

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    References listed on IDEAS

    as
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