Chen, Yongmin; Hua, Xinyu - Volkswirtschaftliche Fakultät, … - 2010
product, resulting in high output and hence greater return to ex ante investment. The trade-off between these two effects, the … "substitution effect" and the "output effect", can lead to an inverted U-shaped relationship between ex ante investment and product …Low-quality products may cause consumer harm. A firm can reduce the probability of low quality through ex ante …