haku: @journal_id 1399 / yhteensä: 95
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| Tekijä: | Feddersen, T. J. Gilligan, T. W. |
| Otsikko: | Saints and markets: activists and the supply of credence goods |
| Lehti: | Journal of Economics and Management Strategy
2001 : SPRING, VOL. 10:1, p. 149-171 |
| Asiasana: | DECISION MAKING INFORMATION WELFARE |
| Vapaa asiasana: | ACTIVISTS CREDENCE GOODS |
| Kieli: | eng |
| Tiivistelmä: | This paper contains a theoretical exploration of the potential effects of an information-supplying activist on a market for credence goods. Using a non-cooperative game-theoretic model with incomplete information, the authors find that such an activist can alter the decisions of firms and consumers and enhance the social welfare of market exchange. |
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