{"id":1719,"date":"2024-02-07T00:18:08","date_gmt":"2024-02-07T00:18:08","guid":{"rendered":"https:\/\/qsms.bme.hu\/?p=1719"},"modified":"2024-02-07T00:18:08","modified_gmt":"2024-02-07T00:18:08","slug":"february-7-daniel-rehsmann-qsms-seminar","status":"publish","type":"post","link":"https:\/\/qsms.bme.hu\/index.php\/2024\/02\/07\/february-7-daniel-rehsmann-qsms-seminar\/","title":{"rendered":"February 7: Daniel Rehsmann\u00a0\u00a0 (QSMS Seminar)"},"content":{"rendered":"\n<p>Daniel Rehsmann\u00a0 (University of Vienna) will present his paper &#8220;<em>Contesting Fake News<\/em>&#8221; on February 7th at 10:30 AM, room QA406.<\/p>\n\n\n\n<p><strong>Abstract:&nbsp;&nbsp;<\/strong>&nbsp;<\/p>\n\n\n\n<p>We model competition on a credence goods market governed by an imperfect label, signaling high quality, as a rank-order tournament between firms.\u00a0 In this market interaction, asymmetric firms jointly and competitively control the underlying quality ranking&#8217;s precision or verifiability by releasing individual information.\u00a0 While the labels and the information they are based on can be seen as a public good guiding the consumers&#8217; purchasing decisions, individual firms have incentives to strategically amplify or counteract the competitors&#8217; information emission, thereby manipulating the label&#8217;s (or ranking&#8217;s) discriminatory power.\u00a0 Elements of the introduced theory are applicable to several (credence-good) industries which employ labels or rankings, including academic departments, books, music, and investment opportunities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Daniel Rehsmann\u00a0 (University of Vienna) will present his paper &#8220;Contesting Fake News&#8221; on February 7th at 10:30 AM, room QA406. Abstract:&nbsp;&nbsp;&nbsp; We model competition on a credence goods market governed by an imperfect label, signaling high quality, as a rank-order tournament between firms.\u00a0 In this market interaction, asymmetric firms jointly and competitively control the underlying &hellip; <a href=\"https:\/\/qsms.bme.hu\/index.php\/2024\/02\/07\/february-7-daniel-rehsmann-qsms-seminar\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;February 7: Daniel Rehsmann\u00a0\u00a0 (QSMS Seminar)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,4,17],"tags":[],"class_list":["post-1719","post","type-post","status-publish","format-standard","hentry","category-event","category-news","category-seminar"],"_links":{"self":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts\/1719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/comments?post=1719"}],"version-history":[{"count":1,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts\/1719\/revisions"}],"predecessor-version":[{"id":1720,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts\/1719\/revisions\/1720"}],"wp:attachment":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/media?parent=1719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/categories?post=1719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/tags?post=1719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}