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首页> 外文期刊>Journal of Economics & Management Strategy >SINTS AND MARKETS: ACTIVISTS AND THE SUPPLY OF CREDENCE GOODS
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SINTS AND MARKETS: ACTIVISTS AND THE SUPPLY OF CREDENCE GOODS

机译：圣人和市场：活动和证书商品的供应

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摘要

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, we find that such and activist can alter the decisions of firms and consumers and enhance the social welfare of market exchange. We also find that an activist can sup- port equilibria in which firms differentiate their products on some credence characteristic even though this characteristic remains unknown to the con- sumer both prior and subsequent to consumption. In general, our analysis has several implications for the study of private collective action in markets.
机译：本文包含有关信息提供活动家对信任商品市场的潜在影响的理论探讨。使用具有不完整信息的非合作博弈理论模型，我们发现，这样的激进主义者可以改变企业和消费者的决策，并增强市场交换的社会福利。我们还发现，维权人士可以支持均衡，即企业在某种信誉特征下区分其产品，即使该特征在消费者消费之前和之后仍然未知。总的来说，我们的分析对研究市场中的私人集体行动有一些启示。

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