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Designing Quality Certificates : Insights from eBay
Hui, Xiang; Jin, Ginger Zhe; Liu, Meng - National Bureau of Economic Research - 2022
Quality certification is a common tool to reduce asymmetric information and enhance trust in marketplaces. Should the certificate focus on seller inputs such as fast shipping, or include output measures such as consumer ratings? In theory, incorporating output measures makes the certificate more...
Persistent link: https://www.econbiz.de/10012814449
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Quality Disclosure and Certification : Theory and Practice
Dranove, David - 2010
This essay reviews the theoretical and empirical literature on quality disclosure and certification. After comparing quality disclosure with other quality assurance mechanisms and describing a brief history of quality disclosure, we address three key theoretical issues: (i) Why don't sellers...
Persistent link: https://www.econbiz.de/10012463006
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The Quality of Goverment
Porta, Rafael La - 1998
We investigate empirically the determinants of the quality of governments in a large cross-section of countries. We assess government performance using measures of government intervention, public sector efficiency, public good provision, size of government, and political freedom. We find that...
Persistent link: https://www.econbiz.de/10012472086
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A New Model of Quality
Krishna, Kala - 1998
We develop a new model of quality to capture the idea that even if a customer chooses to purchase a product, it may fail to deliver.' In this event, the customer may wish to choose some other product. We model this as a two stage game where firms first choose quality and then price. We find that...
Persistent link: https://www.econbiz.de/10012472230
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Product Quality and Worker Quality
Abowd, John M. - 1995
We study the relation between product quality and worker quality using an economic model that, under certain conditions, provides a direct link between product price, product quality and work force quality. Our measures of product quality are the evolution in the detailed product price relative...
Persistent link: https://www.econbiz.de/10012473810
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Quality Ladders and Product Cycles
Grossman, Gene M. - 1989
We develop a two-country model of endogenous innovation and imitation in order to study the interactions between these two processes. Firms in the North race to bring out the next generation of a set of technology-intensive products. Each product potentially can be improved a countably infinite...
Persistent link: https://www.econbiz.de/10012475836
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Vertical Integration, Supplier Behavior, and Quality Upgrading among Exporters
Hansman, Christopher - 2017
quality upgrading is an important motive for vertically integrating. Firms integrate suppliers when the quality premium … integration changes suppliers' production behavior. A given supplier's actions are less geared towards increasing quantity and …-per-kilo buyers. Finally, we show that firms and individual plants that use integrated suppliers at the time of production ultimately …
Persistent link: https://www.econbiz.de/10012453765
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Production Networks, Geography and Firm Performance
Bernard, Andrew B. - 2015
network in firm performance. We develop a simple model where firms can outsource tasks and search for suppliers in different … locations. Low search and outsourcing costs lead firms to search more and find better suppliers. This in turn drives down the …
Persistent link: https://www.econbiz.de/10012457584
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Spatial Production Networks
Arkolakis, Costas; Huneeus, Federico; Miyauchi, Yuhei - National Bureau of Economic Research - 2023
We use new theory and data to study how firms endogenously form production networks across regions and countries … matching frictions are important for aggregate trade flows and production networks. Endogenous formation of production networks …
Persistent link: https://www.econbiz.de/10014226151
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Import Competition and Quality Upgrading
Amiti, Mary - 2009
at which they upgrade the quality of their products. We analyze the effect of import competition on quality upgrading …
Persistent link: https://www.econbiz.de/10012463146