Journal Article
Markets for safety : product recalls yield mixed effects on firms
Abstract: There have been a number of high-profile cases of product recalls recently. Those incidents suggest that the marketplace generally works as economists would predict. Firms that produce defective goods usually take a hit to their reputation and their bottom line, though there are exceptions.
Keywords: Costs (Law); Markets;
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Bibliographic Information
Provider: Federal Reserve Bank of Richmond
Part of Series: Econ Focus
Publication Date: 2010
Volume: 14
Issue: 2Q
Pages: 16-18