Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10010528185
We propose that category membership can operate as a collective market signal for quality when low-quality producers face higher costs of gaining membership. The strength of membership as a collective signal increases with the distinctiveness, or contrast, of the category. Our empirical study...
Persistent link: https://www.econbiz.de/10014040694