search query: @journal_id 788 / total: 123
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Author: | Al-Najjar, N. |
Title: | Reputation, product quality, and warranties |
Journal: | Journal of Economics & Management Strategy
1995 : WINTER, VOL. 3:4, p. 605-638 |
Index terms: | ECONOMICS MANAGEMENT QUALITY |
Language: | eng |
Abstract: | This paper studies the firm's choice between implicit and explicit contracts as alternative methods of assuring product quality. The relationship between these two contractual forms is studied using a dynamic model with imperfect monitoring and team moral hazard where both the firm and the consumer take unobservable actions that affect product performance. |
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