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Abstract This article investigates optimal quality report design problems in a dynamic context when the service providers have moral hazard problem. I use a two-period repeated contest model between two firms in an attempt to attain a relatively better rating since a better rating leads to a...
Persistent link: https://www.econbiz.de/10014586858
This article investigates optimal quality report design problems in a dynamic context when the service providers have moral hazard problem. I use a two-period repeated contest model between two firms in an attempt to attain a relatively better rating since a better rating leads to a bigger...
Persistent link: https://www.econbiz.de/10010666760