Quality certification standards in competitive markets: When consumers and producers (dis)agree

被引：5

作者：

Lapan, Harvey ^{[1
]}

Moschini, GianCarlo ^{[1
]}

机构：

[1] Iowa State Univ, Dept Econ, Ames, IA 50011 USA

来源：

ECONOMICS LETTERS | 2009年 / 104卷 / 03期

关键词：

Comparative statics; Log-concavity; Minimum quality standards; Quality certification; Vertical product differentiation; MONOPOLY; LEMONS;

D O I：

10.1016/j.econlet.2009.05.001

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A quality certification standard in a competitive setting can improve welfare but may affect consumers and producers differently. In a competitive model with quality preferences of the vertical product differentiation type, we find that producers prefer a higher (lower) quality standard than consumers if individual demand functions are log-convex (log-concave). (C) 2009 Elsevier B.V. All rights reserved.

引用

页码：144 / 147

页数：4

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