Arbeitspapier
Minimum Quality Standards and Consumers Information
The literature so far has analyzed the effects of Minimum Quality Standards in oligopoly, using models of pure vertical differentiation, with only two firms, and perfect information. We analyze products that are differentiated horizontally and vertically, with imperfect consumers information, and more than two firms. We show that a MQS changes the consumers' perception of produced qualities. This increases the firms' returns from quality enhancing investments, notwithstanding contrary strategic effects. As a consequence, MQS policies may be desirable as both, firms and consumers, can gain. This contrasts with previous results in the literature and provides a justification for the use of MQS to improve social welfare.
- Sprache
-
Englisch
- Erschienen in
-
Series: Quaderni - Working Paper DSE ; No. 532
- Klassifikation
-
Wirtschaft
- Thema
-
Produktqualität
Oligopol
Asymmetrische Information
Produktdifferenzierung
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Garella, Paolo G.
Petra, Emmanuel
- Ereignis
-
Veröffentlichung
- (wer)
-
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
- (wo)
-
Bologna
- (wann)
-
2004
- DOI
-
doi:10.6092/unibo/amsacta/4758
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Garella, Paolo G.
- Petra, Emmanuel
- Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
Entstanden
- 2004
Ähnliche Objekte (12)
Safeguarding Consumers through Minimum Quality Standards: Milk Inspections and Urban Mortality, 1880-1910
Minimum Quality Standards and Exports
Minimum Quality Standards and Collusion
Minimum quality standards and exports
Controlling Product Risks when Consumers are Heterogeneously Overconfident: Producer Liability vs. Minimum Quality Standard Regulation
Minimum Quality Standards and International Trade
Minimum quality standards on oligopolistic markets
Minimum quality standards and predatory behaviour
Minimum Quality Standards and Non-Compliance
Minimum Quality Standards and Predatory Behaviour
Minimum quality standards and non-compliance
Collective reputation, entry and minimum quality standard
Safeguarding Consumers through Minimum Quality Standards: Milk Inspections and Urban Mortality, 1880-1910
Minimum Quality Standards and Exports
Minimum Quality Standards and Collusion
Minimum quality standards and exports
Controlling Product Risks when Consumers are Heterogeneously Overconfident: Producer Liability vs. Minimum Quality Standard Regulation
Minimum Quality Standards and International Trade
Minimum quality standards on oligopolistic markets
Minimum quality standards and predatory behaviour
Minimum Quality Standards and Non-Compliance
Minimum Quality Standards and Predatory Behaviour
Minimum quality standards and non-compliance
Collective reputation, entry and minimum quality standard
Safeguarding Consumers through Minimum Quality Standards: Milk Inspections and Urban Mortality, 1880-1910
Minimum Quality Standards and Exports
Minimum Quality Standards and Collusion
Minimum quality standards and exports
Controlling Product Risks when Consumers are Heterogeneously Overconfident: Producer Liability vs. Minimum Quality Standard Regulation
Minimum Quality Standards and International Trade
Minimum quality standards on oligopolistic markets
Minimum quality standards and predatory behaviour
Minimum Quality Standards and Non-Compliance
Minimum Quality Standards and Predatory Behaviour
Minimum quality standards and non-compliance