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109028, Moscow,
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The Department of Theoretical Economics brings together highly qualified specialists in various fields of economics, including micro and macroeconomics, monetary and financial theory, economic history and the history of economic thought. Our mission is to teach economic disciplines at HSE on the level of leading Western universities.
Ekonomicheskaya Politika. 2024.
In bk.: Human-Centric Decision and Negotiation Support for Societal Transitions: 24th International Conference on Group Decision and Negotiation, GDN 2024, Porto, Portugal, June 3–5, 2024, Proceedings. Cham: Springer, 2024. P. 102-113.
Veselov D. A., Yarkin A.
IZA Discussion Papers. No. 17045. IZA, 2024
Below is a short summary of the paper:
Sellers often have the power to censor the reviews of their products. We explore the effect of these censorship policies in markets where some consumers are unaware of possible censorship. We find that if the share of such "naive" consumers is not too large, then rational consumers treat any bad review that is revealed in equilibrium as good news about product quality. This makes bad reviews worth revealing and allows the seller to use them to signal his product's quality to rational consumers.