Search Results - subject:"Unverifiable quality"

"Relational" Procurement Contracts: A Simple Model of Reputation Mechanism

Albano, Gian Luigi; Cesi, Berardino; Iozzi, Alberto - Centro di Studi Internazionali Sull'Economia e la … - 2011

We show how repeatedly awarded procurement contracts where unverifiable quality dimensions are relevant can be … (unverifiable) quality it should stick to, 2) in a competitive discretionary tendering the buyer evaluates differently the bids of …

Persistent link: https://www.econbiz.de/10009195539

To commit or not to commit: A health insurance monopoly with variable quality and uncertain types of individuals

Kifmann, Mathias - 1997

of unverifiable quality while the insurance of premium risk requires commitment. Profit-maximizing contracts may involve …

Persistent link: https://www.econbiz.de/10010311218

To commit or not to commit: A health insurance monopoly with variable quality and uncertain types of individuals

Kifmann, Mathias - Fachbereich Wirtschaftswissenschaften, Universität Konstanz - 1997

of unverifiable quality while the insurance of premium risk requires commitment. Profit-maximizing contracts may involve …

Persistent link: https://www.econbiz.de/10010956899