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Reputation for Quality

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  • Simon Board
  • Moritz Meyer‐ter‐Vehn

Abstract

This paper analyses a model of R&D where the product quality is imperfectly observed by customers. We consider different types of customer monitoring and characterise the equilibrium levels of investment and the resulting reputational dynamics.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Simon Board & Moritz Meyer‐ter‐Vehn, 2013. "Reputation for Quality," Econometrica, Econometric Society, vol. 81(6), pages 2381-2462, November.
    • Handle: RePEc:ecm:emetrp:v:81:y:2013:i:6:p:2381-2462
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    File URL: http://hdl.handle.net/10.3982/
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    References listed on IDEAS

    as
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    2. Yuliy Sannikov & Andrzej Skrzypacz, 2007. "Impossibility of Collusion under Imperfect Monitoring with Flexible Production," American Economic Review, American Economic Association, vol. 97(5), pages 1794-1823, December.
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