Warranties, moral hazard, and the lemons problem

Monopoly and product quality

Michael Mussa, Sherwin Rosen · Journal of Economic Theory · 1978 · 3.4K citations

Social Sciences, Business Economics, Economics +9

Premiums for High Quality Products as Returns to Reputations

Carl Shapiro · The Quarterly Journal of Economics · 1983 · 2.3K citations

Business, Business Economics, Economics +16

Sequential Equilibria

David M. Kreps, Robert B. Wilson · Econometrica · 1982 · 1.7K citations

Overinsurance and Public Provision of Insurance: The Roles of Moral Hazard and Adverse Selection

Mark V. Pauly · The Quarterly Journal of Economics · 1974 · 713 citations

Business, Economics, Insurance +17

Consumer Misperceptions, Product Failure and Producer Liability

Michael Spence · The Review of Economic Studies · 1977 · 622 citations

Law, Marketing, Consumer Protection +15