Ramachandran, Vandana; Viswanathan, Siva; Gosain, Sanjay - Smith School of Business, University of Maryland; Smith …; … - 2007
Secondary markets have adopted a number of quality signaling mechanismssuch as certification to reduce information … examine the impact oftheir information-acquisition on the choice of certification, as well asthe price paid. We compare the … findings highlight that product-related informationsubstitutes, and price-related information complements, certification …