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Minimum Quality Standards and Asymmetric Information

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  • Chambers, Robert G.
  • Weiss, Michael D.

Abstract

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Suggested Citation

  • Chambers, Robert G. & Weiss, Michael D., 1990. "Minimum Quality Standards and Asymmetric Information," Working Papers 197752, University of Maryland, Department of Agricultural and Resource Economics.
    • Handle: RePEc:ags:umdrwp:197752
    DOI: 10.22004/ag.econ.197752
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    References listed on IDEAS

    as
    1. Guesnerie, Roger & Laffont, Jean-Jacques, 1984. "A complete solution to a class of principal-agent problems with an application to the control of a self-managed firm," Journal of Public Economics, Elsevier, vol. 25(3), pages 329-369, December.
    2. Nancy E. Bockstael, 1984. "The Welfare Implications of Minimum Quality Standards," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(4), pages 466-471.
    3. Roger B. Myerson, 1981. "Optimal Auction Design," Mathematics of Operations Research, INFORMS, vol. 6(1), pages 58-73, February.
    4. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    5. Leland, Hayne E, 1979. "Quacks, Lemons, and Licensing: A Theory of Minimum Quality Standards," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1328-1346, December.
    Full references (including those not matched with items on IDEAS)

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