Blar i Discussion papers (FOR) på forfatter "Heifetz, Aviad"
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Free-entry equilibrium in a market for certifiers
Hvide, Hans K.; Heifetz, Aviad (Discussion paper, Working paper, 2001-05)The role of certifiers is to test products for quality, and to communicate the test results to the market. We construct a free-entry model of certification, where each certifier chooses a test standard and a price for ...