On MQS regulation, innovation and market coverage
AbstractWe revisit Maxwell's (1998) analysis to show that his results are incompatible with the assumption of full market coverage. As a consequence, the effects of MQS regulation on the high-quality firm's incentive to adopt a more efficient technology cannot be assessed in this model.
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Bibliographic InfoPaper provided by Dipartimento Scienze Economiche, Universita' di Bologna in its series Working Papers with number 575.
Date of creation: Nov 2006
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- NEP-ALL-2007-03-03 (All new papers)
- NEP-MIC-2007-03-03 (Microeconomics)
- NEP-REG-2007-03-03 (Regulation)
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"Duopoly and Quality Standards,"
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- Keisuke Hattori & Keisaku Higashida, 2011. "Misleading Advertising and Minimum Quality Standards," Discussion Paper Series 74, School of Economics, Kwansei Gakuin University, revised Aug 2011.
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