The value of delegated quality control
This paper studies the case in which a firm delegates quality control to an independent monitor. In a repeated game, consumers’ trust provides incentives to acquire information about whether the good is defective, and withhold defective goods from sale. If third‐party reports are observable to consu...
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| Format: | Journal Article |
| Language: | Inglés |
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Wiley
2017
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| Online Access: | https://hdl.handle.net/10568/148506 |
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