False advertising.
Abstract: There is widespread evidence that some firms use false advertising to overstate the value of their products. We consider a model in which a policy maker can punish such false claims. We characterize an equilibrium where false advertising actively influences rational buyers and analyze the...
| Publicado en: | RAND Journal of Economics (Wiley-Blackwell) Vol. 49; no. 2; pp. 348 - 370 |
|---|---|
| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Summer2018
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |