Reputation for Quality
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.
|Date of creation:||2009|
|Contact details of provider:|| Postal: Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA|
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- Jarque, Arantxa, 2010.
"Repeated moral hazard with effort persistence,"
Journal of Economic Theory,
Elsevier, vol. 145(6), pages 2412-2423, November.
- Arantxa Jarque, 2005. "Repeated Moral Hazard with Effort Persistence," 2005 Meeting Papers 428, Society for Economic Dynamics.
- Arantxa Jarque, 2008. "Repeated moral hazard with effort persistence," Working Paper 08-04, Federal Reserve Bank of Richmond.
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- Thomas N. Hubbard, 1998. "An Empirical Examination of Moral Hazard in the Vehicle Inspection Market," RAND Journal of Economics, The RAND Corporation, vol. 29(2), pages 406-426, Summer.
- Chalk, Andrew J, 1987. "Market Forces and Commercial Aircraft Safety," Journal of Industrial Economics, Wiley Blackwell, vol. 36(1), pages 61-81, September. Full references (including those not matched with items on IDEAS)
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