Arbeitspapier

Minimum Quality Standards in Hedonic Markets with Environmental Externalities

We investigate the introduction of a minimum quality standard (MQS) in a vertically differentiated duopoly with an environmental externality. We establish that the MQS bites only if the hedonic component of consumer preferences is sufficiently strong. Then, we illustrate an underlying tradeoff between the beneficial effects of quality enhancement on prices and the associated undesirable increase in the environmental externality.

Language
Englisch

Bibliographic citation
Series: Quaderni - Working Paper DSE ; No. 731

Classification
Wirtschaft
Oligopoly and Other Imperfect Markets
Economics of Regulation
Environmental Economics: General

Event
Geistige Schöpfung
(who)
Ecchia, Giulio
Lambertini, Luca
Tampieri, Alessandro
Event
Veröffentlichung
(who)
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
(where)
Bologna
(when)
2011

DOI
doi:10.6092/unibo/amsacta/4510
Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Ecchia, Giulio
  • Lambertini, Luca
  • Tampieri, Alessandro
  • Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)

Time of origin

  • 2011

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