The Informational Role of Warranties and Private Disclosure about Product Quality

Grossman, Sanford J.·1981·The Journal of Law and Economics

DOI 10.1086/466995

Open this paper in CoChat — free account

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

Integrity signals

Registry

Crossref · 10.1086/466995

Cites

Statistics

Claims the paper makes

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

Self-check

Percentages, sums and reported differences re-computed from the paper’s own numbers.

The self-check needs the paper’s full text.

Discretionary disclosure
Verrecchia, R. E. (1983) · Journal of Accounting and Economics · doi:10.1016/0165-4101(83)90011-3 · Cited by 3,481
The economics of privacy
Acquisti, A., Taylor, C., & Wagman, L. (2016) · Journal of Economic Literature · doi:10.1257/jel.54.2.442 · Cited by 1,283
Environmental disclosure quality in large German companies: Economic incentives, public pressures or institutional conditions?
Cormier, D., Magnan, M., & Van Velthoven, B. (2005) · European Accounting Review · doi:10.1080/0963818042000339617 · Cited by 1,011
Using informational labeling to influence the market for quality in food products
Caswell, J. A., & Mojduszka, E. M. (1996) · American Journal of Agricultural Economics · doi:10.2307/1243501 · Cited by 790
Full Disclosure: The Perils and Promise of Transparency
Fung, A., Graham, M., & Weil, D. (2007) · doi:10.1017/cbo9780511510533 · Cited by 752
Quality Disclosure and Certification: Theory and Practice
Dranove, D., & Jin, G. Z. (2010) · Journal of Economic Literature · doi:10.1257/jel.48.4.935 · Cited by 740
Market Reaction to Mandatory Nonfinancial Disclosure
Grewal, J., Riedl, E. J., & Serafeim, G. (2019) · Management Science · doi:10.1287/mnsc.2018.3099 · Cited by 635
Corporate Environmental Disclosure Strategies: Determinants, Costs and Benefits
Cormier, D., & Magnan, M. (1999) · Journal of Accounting, Auditing & Finance · doi:10.1177/0148558x9901400403 · Cited by 533
Improving Consumer Mindset Metrics and Shareholder Value through Social Media: The Different Roles of Owned and Earned Media
Colicev, A., Malshe, A., Pauwels, K., & O'Connor, P. (2018) · Journal of Marketing · doi:10.1509/jm.16.0055 · Cited by 370
Investment, Moral Hazard, and Occupational Licensing
Shapiro, C. (1986) · The Review of Economic Studies · doi:10.2307/2297722 · Cited by 338
Return policies and the optimal level of “hassle”
Davis, S., Hagerty, M., & Gerstner, E. (1998) · Journal of Economics and Business · doi:10.1016/s0148-6195(98)00013-7 · Cited by 273
Consensus Building: How to Persuade a Group
Caillaud, B., & Tirole, J. (2007) · American Economic Review · doi:10.1257/aer.97.5.1877 · Cited by 128
Information Disclosure as a Matching Mechanism: Theory and Evidence from a Field Experiment
Tadelis, S., & Zettelmeyer, F. (2015) · American Economic Review · doi:10.1257/aer.20110753 · Cited by 124
Student Satisfaction Guarantees: An Empirical Examination of Attitudes, Antecedents, and Consequences
Gremler, D. D., & McCollough, M. A. (2002) · Journal of Marketing Education · doi:10.1177/027753024002008 · Cited by 93
Optimal Pricing, Ordering, and Return Policies for Consumer Goods
Ketzenberg, M. E., & Zuidwijk, R. A. (2009) · Production and Operations Management · doi:10.1111/j.1937-5956.2009.01017.x · Cited by 83
Consumer Policy Toolkit
OECD (2010) · doi:10.1787/9789264079663-en · Cited by 54
Transparency and corporate governance
Hermalin, B. E. (2014) · Enterprise Law · doi:10.4337/9781781004456.00032 · Cited by 6

Authors: Grossman, S. J.
Venue: The Journal of Law and Economics
Publisher: University of Chicago Press
Published: 1981-12
Volume: 24
Issue: 3
Pages: 461-483
ISSN: 0022-2186 (ISSN-L)
1537-5285
DOI: 10.1086/466995
OpenAlex: W2050175305
Cited by: 2,483
References: 0
FWCI: 12.57
Type: journal article
Language: en
Open access: closed

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review