This dissertation consists of three chapters that study issues in Corporate Finance and
Industrial Organization related to the behavior of markets with asymmetric information. The first …

… quality information to the distributor, and confirm that when the production cost is negligible,
quality certification … is that quality certification is never a perfect information revelation method…

… Quality management ofhealth information on the Internet … and find good quality information
* Encouraging health information … that they are better able to provide high quality information …

… In section 2.1, we summarize the existing theories on seller incentive to voluntarily disclose
quality information and then address the merits of mandatory disclosure. In section 2.2, we …

… of a certification intermediary in an environment where information asymmetries are particularly
severe. The intermediary improves the information that buyers have about quality. This in …

… Is the impact of certification on firm financing … quality certification (such as ISO 9000, ISO
9002, or ISO 14000). We examine signaling value of quality certification in reducing information …

… We organize the paper as follows: We first use the literature on Information Economics to
argue that certification with a management standard may act like a market signal of superior …

… Quality certification programs help consumers identify high-quality products or sellers in
markets with information asymmetries. Using data from eBay UK’s online marketplace, we study …

… services, which allow consumers to filter high-quality information, are needed to shift the
balance towards more effective utilization of trustworthy and beneficial health information [8,12]. …

… Based on this information, we construct three dummy variables that represent whether a
country has (i) no seed policy at all (Laissez-faire), (ii) a private sector providing seeds …