Consider the effect of reputation and say whether you are likely to be treated better in scenario

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Consider the effect of reputation and say whether you are likely to be treated better in scenario a or scenario b.

a. You are purchasing your car from an individual who advertised it on craigslist.

b. You are purchasing your car from a local dealership.

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Microeconomics

ISBN: 978-1259813337

2nd edition

Authors: Dean S. Karlan, Jonathan J. Morduch

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