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Minimum safety standard, consumers’ information and competition

  • Stéphan Marette

    ()

L’objectif de cet article est d’étudier le lien entre un standard minimal de sécurité et la structure de concurrence entre producteurs. Un modèle théorique montre que le standard de sécurité et le nombre de producteurs dépendent de la structure d’information des consommateurs sur la sécurité. En situation d’information parfaite, le standard de sécurité maximisant le surplus collectif préserve la concurrence entre producteurs. A l’inverse, en situation d’information imparfaite, le standard de sécurité conduit à une situation de monopole.

(This abstract was borrowed from another version of this item.)

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File URL: http://hdl.handle.net/10.1007/s11149-007-9036-x
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Article provided by Springer in its journal Journal of Regulatory Economics.

Volume (Year): 32 (2007)
Issue (Month): 3 (December)
Pages: 259-285

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Handle: RePEc:kap:regeco:v:32:y:2007:i:3:p:259-285
Contact details of provider: Web page: http://www.springerlink.com/link.asp?id=100298

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  10. Bagwell, Kyle & Riordan, Michael H, 1991. "High and Declining Prices Signal Product Quality," American Economic Review, American Economic Association, vol. 81(1), pages 224-39, March.
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  13. Marette, Stephan & Bureau, Jean-Christophe & Gozlan, Estelle, 2000. "Product Safety Provision and Consumers' Information," Australian Economic Papers, Wiley Blackwell, vol. 39(4), pages 426-41, December.
  14. Chan, Yuk-Shee & Marino, Anthony M, 1994. "Regulation of Product Safety Characteristics under Imperfect Observability," Journal of Regulatory Economics, Springer, vol. 6(2), pages 177-95, May.
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  17. Stephan Marette & John Crespi, 2005. "The Financing of Regulatory Agencies," Journal of Regulatory Economics, Springer, vol. 27(1), pages 95-113, September.
  18. Maxwell, John W., 1998. "Minimum quality standards as a barrier to innovation," Economics Letters, Elsevier, vol. 58(3), pages 355-360, March.
  19. Marino, Anthony M, 1995. "Are Safety and Environmental Performance Standards Optimal Regulatory Instruments?," Journal of Regulatory Economics, Springer, vol. 8(2), pages 167-79, September.
  20. T. Randolph Beard, 1990. "Bankruptcy and Care Choice," RAND Journal of Economics, The RAND Corporation, vol. 21(4), pages 626-634, Winter.
  21. Doughety, Andrew F & Reinganum, Jennifer F, 1997. "Everybody Out of the Pool: Products Liability, Punitive Damages, and Competition," Journal of Law, Economics and Organization, Oxford University Press, vol. 13(2), pages 410-32, October.
  22. Scarpa, Carlo, 1998. "Minimum quality standards with more than two firms1," International Journal of Industrial Organization, Elsevier, vol. 16(5), pages 665-676, September.
  23. John M. Crespi & St)phan Marette, 2001. "How Should Food Safety Certification be Financed?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(4), pages 852-861.
  24. Mussa, Michael & Rosen, Sherwin, 1978. "Monopoly and product quality," Journal of Economic Theory, Elsevier, vol. 18(2), pages 301-317, August.
  25. Valletti, Tommaso M, 2000. "Minimum Quality Standards under Cournot Competition," Journal of Regulatory Economics, Springer, vol. 18(3), pages 235-45, November.
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