Minimum quality standards and consumers’ information
نویسندگان
چکیده
منابع مشابه
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. Th...
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ژورنال
عنوان ژورنال: Economic Theory
سال: 2007
ISSN: 0938-2259,1432-0479
DOI: 10.1007/s00199-007-0269-9