How Many Karats Is Gold: Welfare Effects of Easing a Denomination Standard
Abstract
Most consumers benefit from a lowering of the required amount of aurous metal which jewelers must include in products sold as "gold." However, profits of producers of gold-plated adornments fall. The net welfare effect depends on whether the principal difference between consumers is their appreciation of the gold content, or their valuation of designation gold or gold-plated. Copyright 1995 by Kluwer Academic Publishers(This abstract was borrowed from another version of this item.)
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Bibliographic Info
Paper provided by Toulouse - GREMAQ in its series Papers with number 92.271.Length: 14 pages
Date of creation: 1992
Date of revision:
Handle: RePEc:fth:gremaq:92.271
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Related research
Keywords: consumption ; regulation;Other versions of this item:
- Crampes, Claude & Hollander, Abraham, 1995. "How Many Karats Is Gold: Welfare Effects of Easing a Denomination Standard," Journal of Regulatory Economics, Springer, vol. 7(2), pages 131-43, March.
- Crampes, C. & Hollander, A., 1992. "How Many Karats Is Gold: Welfare Effects of Easing a Denomination Standard," Cahiers de recherche 9225, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Crampes, C. & Hollander, A., 1992. "How Many Karats Is Gold: Welfare Effects of Easing a Denomination Standard," Cahiers de recherche 9225, Universite de Montreal, Departement de sciences economiques.
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Stéphan Marette, 2005.
"Regulatory Choice between a Label and a Minimum-Quality Standard, The,"
Center for Agricultural and Rural Development (CARD) Publications
05-wp416, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Stéphan Marette, 2005. "Regulatory Choice between a Label and a Minimum-Quality Standard, The," Food and Agricultural Policy Research Institute (FAPRI) Publications 05-wp416, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
- Stéphan Marette & John Crespi, 2003. "Can Quality Certification Lead to Stable Cartels?," Review of Industrial Organization, Springer, vol. 23(1), pages 43-64, August.
- Crespi, John M. & Marette, Stephan, 2003. "Some Economic Implications Of Public Labeling," Journal of Food Distribution Research, Food Distribution Research Society, vol. 34(03), November.
- Uttam Kumar Deb, 2006. "Rules of Origin and Non-Tariff Barriers in Agricultural Trade: Perspectives from Bangladesh and Cambodia," Working Papers 1206, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
- Desquilbet, Marion & Hassan, Daniel & Monier-Dilhan, Sylvette, 2006. "Are Geographical Indications a Worthy Quality Signal? A Framework on Protected Designation of Origin with Endogenous Quality Choice," 2006 Annual meeting, July 23-26, Long Beach, CA 21466, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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