Bad News Turned Good: Reversal under Censorship
نویسندگان
چکیده
Sellers often have the power to censor reviews of their products. We explore effect these censorship policies in markets where some consumers are unaware possible censorship. find that if share such “naïve” is not too large, then rational treat any bad review revealed equilibrium as good news about product quality. This makes worth revealing and allows seller use them signal his product’s quality consumers. (JEL D82, D83, L15)
منابع مشابه
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ژورنال
عنوان ژورنال: American Economic Journal: Microeconomics
سال: 2022
ISSN: ['1945-7669', '1945-7685']
DOI: https://doi.org/10.1257/mic.20190379