Arbeitspapier
On the (Ir)Relevance of Fee Structures in Certification
Restrictions on certifiers' fee structures are irrelevant for maximizing their profits and trade efficiency, and for the implementability of (monotone) distributions of rents. The irrelevance results exploit that certification schemes involve two substitutable dimensions – the fee structure and the disclosure rule – and adaptations in the disclosure dimension can mitigate restrictions on the fee dimension. While restrictions on fee structures do affect market transparency, it has no impact on economic efficiency or rent distributions.
- Language
-
Englisch
- Bibliographic citation
-
Series: Discussion Paper ; No. 391
- Classification
-
Wirtschaft
Asymmetric and Private Information; Mechanism Design
- Subject
-
certification
fee structures
disclosure rules
transparency
- Event
-
Geistige Schöpfung
- (who)
-
Pollrich, Martin
Strausz, Roland
- Event
-
Veröffentlichung
- (who)
-
Ludwig-Maximilians-Universität München und Humboldt-Universität zu Berlin, Collaborative Research Center Transregio 190 - Rationality and Competition
- (where)
-
München und Berlin
- (when)
-
2023
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Pollrich, Martin
- Strausz, Roland
- Ludwig-Maximilians-Universität München und Humboldt-Universität zu Berlin, Collaborative Research Center Transregio 190 - Rationality and Competition
Time of origin
- 2023
Other Objects (12)
The irrelevance of fee structures for certification
On Algorithmic Certification of Graph Structures
Imperfect Certification
Imperfect certification
A Digital-Twin Methodology for the Non-destructive Certification of Lattice Structures
Concept einer Certification.
Certification oder Erklaerung.
Digital Repository Certification
Two-sided Certification
Entanglement structures from modified IR geometry
Immunological relevance of genetically determined cell membrane structures
Gute Fee – böse Fee : Anthologie
The irrelevance of fee structures for certification
On Algorithmic Certification of Graph Structures
Imperfect Certification
Imperfect certification
A Digital-Twin Methodology for the Non-destructive Certification of Lattice Structures
Concept einer Certification.
Certification oder Erklaerung.
Digital Repository Certification
Two-sided Certification
Entanglement structures from modified IR geometry
Immunological relevance of genetically determined cell membrane structures
Gute Fee – böse Fee : Anthologie
The irrelevance of fee structures for certification
On Algorithmic Certification of Graph Structures
Imperfect Certification
Imperfect certification
A Digital-Twin Methodology for the Non-destructive Certification of Lattice Structures
Concept einer Certification.
Certification oder Erklaerung.
Digital Repository Certification
Two-sided Certification
Entanglement structures from modified IR geometry
Immunological relevance of genetically determined cell membrane structures