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.
Product Identifiers
Publisher
Deutscher Universitats-Verlag
ISBN-13
9783835007581
eBay Product ID (ePID)
111683322
Product Key Features
Author
Men-Andri Benz
Publication Name
Strategies in Markets for Experience and Credence Goods
Format
Paperback
Language
English
Subject
Management, Business
Publication Year
2007
Type
Textbook
Number of Pages
135 Pages
Dimensions
Item Height
210mm
Item Width
148mm
Item Weight
205g
Additional Product Features
Title_Author
Men-Andri Benz
Series Title
Markt Und Unternehmensentwicklung / Markets and Organisations