Strategies in markets for experience and credence goods
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Bibliographic Information
Strategies in markets for experience and credence goods
（Gabler Edition Wissenschaft, . Markt- und Unternehmensentwicklung）
Deutscher Universitäts-Verlag, 2007
1. Aufl
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Thesis (Ph.D.)--Universität Zürich, 2006
Includes bibliographical references and index
Description and Table of Contents
Description
The quality and characteristics of industrial and consumption goods are often not revealed until after consumption. However, the decision to buy these products must be made before buying. Many strategies and instruments for signalling and screening have been developed in the economic world in order to overcome potential market failure due to insufficient quality detection. In many situations, efficient incentives and quality revelation are given to the market players by contracts that structure the process and payments of the transaction.
Table of Contents
Experience and credence goods
Experience characteristics and moral hazard in team sports
Credence characteristics and strategic human capital selection
Experience goods, tournaments, and oligopolistic markets
by "Nielsen BookData"