You are judged by the company you keep: Reputation leverage in vertically related markets
This paper analyzes a mechanism through which a supplier of unknown quality can overcome its asymmetric information problem by selling via a reputable downstream firm. The supplier's adverse-selection problem can be solved if the downstream firm has established a reputation for delivering high...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Elsevier Inc.
2018
|
Subjects: | |
Online Access: | View Fulltext in Publisher |