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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 23
Consider the effect of reputation and say whether you are likely to be treated better in scenario a or scenario b.
a. You are purchasing your car from an individual who advertised it on craigslist.
b. You are purchasing your car from a local dealership.
a. You are purchasing your car from an individual who advertised it on craigslist.
b. You are purchasing your car from a local dealership.
Explanation
Verified
Verified
Effect of reputation:
A reputation is m...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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