1973
DOI: 10.1086/466756
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Free Competition and the Optimal Amount of Fraud

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Cited by 3,045 publications
(1,742 citation statements)
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“…Following the classification originally proposed by [35][36][37] divide services into three types (search, experience and credence services), which may have an impact on the importance customers attach to different relational bonds. Search services are those services that the customer can obtain full information and assess the utility outcome prior to purchase.…”
Section: The Effect Of Service Type On Relational Bondsmentioning
confidence: 99%
“…Following the classification originally proposed by [35][36][37] divide services into three types (search, experience and credence services), which may have an impact on the importance customers attach to different relational bonds. Search services are those services that the customer can obtain full information and assess the utility outcome prior to purchase.…”
Section: The Effect Of Service Type On Relational Bondsmentioning
confidence: 99%
“…For instance, controlling animal or plant health hazards often cannot be accomplished by individual producers (destroying a single diseased animal in a herd, for example, has positive consequences for other herds); therefore, governments may adopt intervention policies that encourage eradication (Brown et al, 2002). In addition, when information about health or quality characteristics is unknown or asymmetrically distributed between producers and consumers, regulations can improve the functioning of markets (Darby and Karni, 1973).…”
Section: Food Safety and The Sps Agreementmentioning
confidence: 99%
“…During the process of information search, the economics of information posits that consumers try to obtain information until benefit is no longer increased by additional cost of getting information (Nayga 2000). In addition, Nelson(1970;1974) categorized products into search and experience attributes, and Darby & Karni(1973) added the credence attribute into the categories. Furthermore, Caswell & Mojduszka(1996) contended that the credence attribute could be transferred to a search attribute in the presence of nutrition labels.…”
Section: Purchase Intention For Nutrition-labeled Productsmentioning
confidence: 99%