We investigate the relationship between external quality evaluation via experts, firm reputation and product prices and extend the existing empirical literature in three dimensions. First, we empirically account for endogenous reputation effects. An increase in quality has an immediate positive...

We investigate the relationship between external quality evaluation via experts, firm reputation and product prices and extend the existing empirical literature in three dimensions. First, we empirically account for endogenous reputation effects. An increase in quality has an immediate positive...

Die neueste Entwicklung im Internet heißt "Web 2.0" oder "Soziales Internet". Damit ist vorrangig eine besondere Einbindung der Nutzer gemeint, in welcher sie als unentgeltliche Informationslieferanten an der Erstellung der Internetangebote beteiligt sind ("User Generated Content"). Das Web 2.0...