Lupton, Sylvie - In: Cambridge Journal of Economics 29 (2005) 3, pp. 399-421
The purpose of this paper is to introduce a new category of goods, 'indeterminate goods', which will be compared with the classical framework of experience, search and credence goods (Nelson, 1970; Darby and Karni, 1973). This concept sheds new light on the nature and status of quality uncertainty...