G2TT
来源类型Discussion paper
规范类型论文
来源IDDP15732
DP15732 Collective Brand Reputation
Volker Nocke; Roland Strausz
发表日期2021-01-28
出版年2021
语种英语
摘要We develop a theory of collective brand reputation for markets in which product quality is jointly determined by local and global players. In a repeated game of imperfect public monitoring, we model collective branding as a pooling of quality signals generated in different markets. Such pooling yields a beneficial informativeness effect for the actions of a global player present in all markets, but also harmful free-riding by local, market-specific players. The resulting tradeoff yields a theory of optimal brand size and revenue sharing, applying to platform markets, franchising, licensing, umbrella branding, and firms with team production.
主题Industrial Organization
关键词Collective branding Reputation Free riding Repeated games Imperfect monitoring
URLhttps://cepr.org/publications/dp15732
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/544737
推荐引用方式
GB/T 7714
Volker Nocke,Roland Strausz. DP15732 Collective Brand Reputation. 2021.
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