Motivating a Supplier to Test Product Quality
研究供应商如何被激励去测试新产品质量,发现合同可能包含数量扭曲和上架费,后者在歧视资金受限供应商时可能降低福利。
This paper considers a supplier that offers a buyer a new product of unknown quality. The supplier can run a test that partially reveals unverifiable information concerning the quality, and the buyer can learn the actual quality after agreeing to buy the new product. I identify two main features of a contract for motivating the supplier to run the test. First, the contract may specify an upward or downward quantity distortion. Second, the contract may include slotting allowances, which may be welfare reducing when they discriminate against financially constrained suppliers.