Minimum Quality Standards in Hedonic Markets with Environmental Externalities

被引：3
|
作者：
Ecchia, Giulio [1 ]
Lambertini, Luca [2 ]
Tampieri, Alessandro [2 ]
机构：
[1] Univ Bologna, Dept Econ, I-40126 Bologna, Italy
[2] Univ Bologna, Dept Econ, I-40125 Bologna, Italy
来源：
ENVIRONMENTAL MODELING & ASSESSMENT | 2013年 / 18卷 / 03期
关键词：
MQS; Environmental externality; Product quality; COMPETITION; MONOPOLY; MODEL;
D O I：
10.1007/s10666-012-9345-z
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
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 trade-off between the beneficial effects of quality enhancement on prices and the associated undesirable increase in the environmental externality.
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页码：319 / 323
页数：5
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