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- W3121853927 abstract "We study the interaction between the seller of a product, the buyers who are uncertain about the product quality and a rating agency who observes the quality and send signals about it. Assuming the seller-pays model of rating agency, we analyze the cases in which payment to the rater is publicly disclosed and fixed, publicly disclosed and rating-contingent, private and rating-contingent. First, we characterize all possible equilibrium partitions of the underlying quality range into ratings in these three cases. We then characterize the seller's optimal ratings in the three cases. Finally, we perform welfare analysis and discuss regulation." @default.
- W3121853927 created "2021-02-01" @default.
- W3121853927 creator A5008812297 @default.
- W3121853927 date "2013-11-01" @default.
- W3121853927 modified "2023-09-27" @default.
- W3121853927 title "Seller - paid Ratings" @default.
- W3121853927 hasPublicationYear "2013" @default.
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