Minimum Quality Standards under Cournot Competition

This file is part of IDEAS, which uses RePEc data

Minimum Quality Standards under Cournot Competition

Author Info

Valletti, Tommaso M

Additional information is available for the following registered author(s):

Tommaso Valletti

Abstract

I study the consequences of imposing a minimum quality standard on an industry in which firms first incur fixed quality development costs and subsequently compete over quantity. I find that a mildly restrictive minimum quality standard unambiguously reduces total welfare, in contrast to previous findings derived in the literature where it is assumed that firms compete over prices. Copyright 2000 by Kluwer Academic Publishers

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by Springer in its journal Journal of Regulatory Economics.

Volume (Year): 18 (2000)
Issue (Month): 3 (November)
Pages: 235-45
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:kap:regeco:v:18:y:2000:i:3:p:235-45

Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100298

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords:

Other versions of this item:

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Mina Baliamoune & Stefan Lutz, 2009. "Preemption, Predation, and Minimum Quality Standards," ICER Working Papers 20-2009, ICER - International Centre for Economic Research. [Downloadable!]
Paolo Garella & Emmanuel Petrakis, 2005. "Minimum Quality Standards and Consumers Information," Working Papers 0510, University of Crete, Department of Economics. [Downloadable!]
Other versions:
- P. Garella & P. Petrakis, 2004. "Minimum Quality Standards and ConsumersÕ Information," Working Papers 532, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
- Paolo G. GARELLA & Emmanuel PETRAKIS, 2007. "Minimum quality standards and consumers’ information," Departemental Working Papers 2007-12, Department of Economics University of Milan Italy. [Downloadable!]
- Paolo Garella & Emmanuel Petrakis, 2008. "Minimum quality standards and consumers’ information," Economic Theory, Springer, vol. 36(2), pages 283-302, August. [Downloadable!] (restricted)
Marette, Stéphan, 2007. "Minimum Safety Standard, Consumers’ Information, and Competition (The)," Staff General Research Papers 12718, Iowa State University, Department of Economics. [Downloadable!]
Other versions:
- Stephan Marette, 2007. "Minimum Safety Standard, Consumers' Information, and Competition, The," Center for Agricultural and Rural Development (CARD) Publications 07-wp441, Center for Agricultural and Rural Development (CARD) at Iowa State University. [Downloadable!]
- Stephan Marette, 2007. "Minimum Safety Standard, Consumers' Information, and Competition, The," Food and Agricultural Policy Research Institute (FAPRI) Publications 07-wp441, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University. [Downloadable!]
Rasha Ahmed & Kathleen Segerson, 2007. "Emissions Control and the Regulation of Product Markets: The Case of Automobiles," Working papers 2007-40, University of Connecticut, Department of Economics. [Downloadable!]
Johan F.M. Swinnen & Thijs Vandemoortele, 2009. "Trade, Development, and the Political Economy of Public Standards," LICOS Discussion Papers 23609, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]
Rasha Ahmed & Kathleen Segerson, 2006. "Collective Voluntary Agreements and the Production of Less Polluting Products," Working papers 2006-18, University of Connecticut, Department of Economics, revised May 2007. [Downloadable!]
Roberto Hernán & Praveen Kujal, 2004. "Market Access And Minimum Quality Standards," Economics Working Papers we042608, Universidad Carlos III, Departamento de Economía. [Downloadable!]
Bonroy, Olivier, 2003. "Le standard de qualité minimale est-il un instrument socialement optimal? Une revue de littérature," Cahiers de recherche 0304, GREEN. [Downloadable!]
S Lutz, 2005. "Regulatory Standards Can Lead to Predation," The School of Economics Discussion Paper Series 0509, Economics, The University of Manchester. [Downloadable!]
Rouviere, Elodie & Soubeyran, Raphael, 2008. "Collective Reputation, Entry and Minimum Safety Standard," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44465, European Association of Agricultural Economists. [Downloadable!]
Stéphan Marette, 2007. "Minimum safety standard, consumers’ information and competition," Journal of Regulatory Economics, Springer, vol. 32(3), pages 259-285, December. [Downloadable!] (restricted)
Lapan, Harvey E. & Moschini, GianCarlo, 2006. "Grading, Minimum Quality Standards, and the Labeling of Genetically Modified Products," Staff General Research Papers 12553, Iowa State University, Department of Economics. [Downloadable!]
Other versions:
- Harvey Lapan & GianCarlo Moschini, 2007. "Grading, Minimum Quality Standards, and the Labeling of Genetically Modified Products," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 89(3), pages 769-783, 08. [Downloadable!] (restricted)
Hoernig, Steffen & Pita Barros, Pedro Luis & Valletti, Tommaso, 2001. "Universal Service and Entry: the Role of Uniform Pricing and Coverage Constraints," CEPR Discussion Papers 2789, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
Other versions:
- Valletti, Tommaso M & Hoernig, Steffen & Barros, Pedro P, 2002. "Universal Service and Entry: The Role of Uniform Pricing and Coverage Constraints," Journal of Regulatory Economics, Springer, vol. 21(2), pages 169-90, March. [Downloadable!] (restricted)
Olivier Bonroy & Christos Constantatos, 2005. "Minimum Quality Standards and Equilibrium Selection with Asymmetric Firms," Industrial Organization 0506009, EconWPA. [Downloadable!]
Other versions:
- Olivier Bonroy & Christos Constantatos, 2008. "Minimum Quality Standards and Equilibrium Selection with Asymmetric Firms," Discussion Paper Series 2008_13, Department of Economics, University of Macedonia, revised Oct 2008. [Downloadable!]
Stefan Napel & Gunnar Oldehaver, 2007. "Static Costs vs. Dynamic Benefits of a Minimum Quality Standard under Cournot Competition," Discussion Papers 23, Aboa Centre for Economics. [Downloadable!]

Statistics

Access and download statistics

Did you know? All the bibliographic data shown here has been contributed by volunteers, thereby helping to keep this service free.

This page was last updated on 2009-12-4.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.