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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.

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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. Lutz, Stefan, 1996. "Trade Effects of Minimum Quality Standards with and without Deterred Entry," CEPR Discussion Papers 1384, C.E.P.R. Discussion Papers.
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  18. W. Kip Viscusi, 1996. "Economic Foundations of the Current Regulatory Reform Efforts," Journal of Economic Perspectives, American Economic Association, vol. 10(3), pages 119-134, Summer.
  19. Stephan Marette & John Crespi, 2005. "The Financing of Regulatory Agencies," Journal of Regulatory Economics, Springer, vol. 27(1), pages 95-113, September.
  20. 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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  24. 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.
  25. 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.
  26. Darby, Michael R & Karni, Edi, 1973. "Free Competition and the Optimal Amount of Fraud," Journal of Law and Economics, University of Chicago Press, vol. 16(1), pages 67-88, April.
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