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Firms who sell a regional or specialty product often share a common or collective reputation, which is based on the group's aggregate quality. The dynamic problem of collective reputation is similar to the natural resource extraction problems. Therefore, for the analysis of this particular...
Persistent link: https://www.econbiz.de/10009443427
We address potential racial bias by Major League Baseball umpires with respect to ball-strike calls. We offer a number of econometric specifications to test the robustness of the results, adding the role of implicit and explicit monitoring as well as pitch location. Our analysis shows mixed...
Persistent link: https://www.econbiz.de/10015235021
In markets for many fruits, vegetables, and an increasing number of imported goods, consumers cannot discern the quality of a product prior to purchase and can never identify its producer. Producing high-quality, safe goods is costly for a firm and raises the collective reputation for quality...
Persistent link: https://www.econbiz.de/10015221105
Although many sports leagues are viewed as monopolies, research suggests that some economic competition exists between teams in dierent sports leagues. If fans make consumption choices based on the quality of all teams that are present in their region, then economic competition and ownership...
Persistent link: https://www.econbiz.de/10015232345
Although many sports leagues are viewed as monopolies, research suggests that some economic competition exists between teams in different sports leagues. If fans make consumption choices based on the quality of all teams that are present in their region, then economic competition and ownership...
Persistent link: https://www.econbiz.de/10015235020
A dynamic multiple-indicator multiple-cause (MIMIC) framework was used to estimate the latent variable reputation with price premiums for Washington apples and attributes that covered the period July 1996 to November 1999. A maximum likelihood two-stage approach was employed. For comparison...
Persistent link: https://www.econbiz.de/10009443548