Duflo, Esther; Greenstone, Michael; Pande, Rohini; … - In: American Economic Review 103 (2013) 3, pp. 314-19
We study differences in quality in the market for third-party environmental auditors in Gujarat, India. We find that, despite the low overall quality, auditors are heterogeneous and some perform well. We posit that these high-quality auditors survive by using their good name to insulate select...