Shoddy goods manufacturers Analysis of Causes and Countermeasures

Based on the phenomenon of shoddy goods manufacturers dialysis,assuming that manufacturers have a single objective function of the pursuit of profit,the vendor proceeds function,analysis of vendor selection to create the essence of economics and shoddy merchandise,and draw the following conclusions:market information asymmetry,high transaction costs,local protectionism,as well as the consumers to some extent are in a weak position on certain select vendors to create an important reason for shoddy merchandise.