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来源类型Working Paper
规范类型报告
DOI10.3386/w22710
来源IDWorking Paper 22710
Incomplete Disclosure: Evidence of Signaling and Countersignaling
Benjamin B. Bederson; Ginger Zhe Jin; Phillip Leslie; Alexander J. Quinn; Ben Zou
发表日期2016-10-10
出版年2016
语种英语
摘要In 2011, Maricopa County adopted voluntary restaurant hygiene grade cards (A, B, C, D). Using inspections results between 2007 and 2013, we show that only 58 percent of the subsequent inspections led to online grade posting. Although the disclosure rate in general declines with inspection outcome, higher-quality A restaurants are less likely to disclose than lower-quality As. After examining potential explanations, we believe the observed pattern is best explained by a mixture of signaling and countersignaling: the better A restaurants use nondisclosure as a countersignal, while worse As and better Bs use disclosure to stand out from the other restaurants.
主题Microeconomics ; Economics of Information ; Subnational Fiscal Issues ; Health, Education, and Welfare ; Health ; Industrial Organization ; Market Structure and Firm Performance ; Industry Studies
URLhttps://www.nber.org/papers/w22710
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/580384
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Benjamin B. Bederson,Ginger Zhe Jin,Phillip Leslie,et al. Incomplete Disclosure: Evidence of Signaling and Countersignaling. 2016.
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