BEGIN:VCALENDAR PRODID:-//eluceo/ical//2.0/EN VERSION:2.0 CALSCALE:GREGORIAN BEGIN:VEVENT UID:f890a3fe2c9274a294f4e0319cc6d6b9 DTSTAMP:20240428T080554Z SUMMARY:Dr. Maryam Saeedi\, Carnegie Mellon University DESCRIPTION: \n\nABSTRACT How does quality-certication aect product quality in\nmarkets? We exploit a policy change on eBay to analyze how a more\nst ringent certication policy aects entry and behavior across many\nmarkets s egments. We nd that rst\, entry increased in markets where\nit was harder to get certied\, until a new steady state was reached.\nSecond\, the quali ty distribution of entrants exhibits fatter tails\nafter the policy\, and overall quality is slightly higher. Last\, some\nincumbents respond by inc reasing the quality of their service to\nmaintain certication. The results inform the design of certication\npolicies in electronic and other market s. JEL D47\, D82\, L15\, L86\n DTSTART:20180223T190000Z DTEND:20180223T203000Z LOCATION:Gerri C. LeBow Hall\, 3220 Market Street\, 722\, Philadelphia\, PA 19104 END:VEVENT END:VCALENDAR