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Mathematical Problems in Engineering
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Mathematical Problems in Engineering
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2014
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Article
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Tab 3
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Research Article
Certification of Credence Goods with Consideration of Consumers’ Learning Ability
Table 3
Payoff matrix of producers and consumers in the case of the infinitely repeated signaling model.
Consumer
Purchasing
Nonpurchasing
Producer
High-quality products
Certified
Noncertified
Low-quality products
Certified
Noncertified