| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21083 |
| 来源ID | Working Paper 21083 |
| Good Rankings Are Bad: Why Reliable Rankings Can Hurt Consumers | |
| Laurent Bouton; Georg Kirchsteiger | |
| 发表日期 | 2015-04-13 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | Rankings have become increasingly popular on various markets, e.g. the market for study programs. We analyze their welfare implications. Consumers have to choose between two goods of unknown quality with exogenous presence or absence of an unbiased informative ranking. The existence of the ranking might affect the welfare of all consumers negatively. With rigid prices, the ranking induced change in demand can be detrimental to all consumers in markets featuring rationing or consumption externalities. With perfectly flexible prices, the ranking might increase firms' market power, and hence lead to losses for all consumers even in the absence of rationing and consumption externalities. |
| 主题 | Microeconomics ; Economics of Information ; Industrial Organization ; Market Structure and Firm Performance |
| URL | https://www.nber.org/papers/w21083 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578758 |
| 推荐引用方式 GB/T 7714 | Laurent Bouton,Georg Kirchsteiger. Good Rankings Are Bad: Why Reliable Rankings Can Hurt Consumers. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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