On MQS regulation, innovation and market coverage

被引:2
|
作者
Bacchiega, Emanuele [1 ]
Lambertini, Luca [1 ,2 ]
Mantovani, Andrea [1 ]
机构
[1] Univ Bologna, Dept Econ, I-40125 Bologna, Italy
[2] Univ Amsterdam, ENCORE, NL-1018 WB Amsterdam, Netherlands
关键词
MQS; Vertical differentiation; Market coverage; MINIMUM QUALITY STANDARDS; COMPETITION;
D O I
10.1016/j.econlet.2010.04.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
We 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. (C) 2010 Elsevier B.V. All rights reserved.
引用
收藏
页码:26 / 27
页数:2
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