REVISITING MINIMUM-QUALITY STANDARDS

被引：9

作者：

CHAMBERS, RG ^{[1
]}

WEISS, M ^{[1
]}

机构：

[1] USDA,WASHINGTON,DC 20250

来源：

ECONOMICS LETTERS | 1992年 / 40卷 / 02期

关键词：

D O I：

10.1016/0165-1765(92)90223-L

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper revisits the issue of minimum-quality standards. In a model of quality uncertainty different from Leland's, minimum-quality standards are shown to conflict with the revelation principle's truthtelling requirements. Thus, minimum-quality standards in that model cannot be a component of the constrained Paretian solution outcome.

引用

页码：197 / 201

页数：5

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