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dc.contributor.authorLutz, Stefanen_US
dc.date.accessioned2009-02-16T15:12:42Z-
dc.date.available2009-02-16T15:12:42Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/24819-
dc.description.abstractIn a model of vertical product differentiation, duopolistic firms face qualitydependent costs and compete in quality and price in two segmented markets. Minimum quality standards, set according to the principle of Mutual Recognition, can be used to increase welfare. The results of the one-shot game suggest that standards achieve initial convergence in terms of qualities produced and national welfares. Therefore, the static game is repeated in multiple periods and firms' qualities in the previous period determine their costs. In an N-period game, quality standards will in fact lead to convergence in terms of qualities and national welfares.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 03-17en_US
dc.subject.jelF13en_US
dc.subject.jelF12en_US
dc.subject.jelL13en_US
dc.subject.ddc330en_US
dc.subject.keywordproduct differentiationen_US
dc.subject.keywordoligopolyen_US
dc.subject.keywordtradeen_US
dc.subject.keywordquality standardsen_US
dc.subject.stwProduktdifferenzierungen_US
dc.subject.stwOligopolen_US
dc.subject.stwProduktqualitäten_US
dc.subject.stwNormungen_US
dc.subject.stwUrsprungslandprinzipen_US
dc.subject.stwZwei-Länder-Modellen_US
dc.subject.stwSpieltheorieen_US
dc.subject.stwWohlfahrtseffekten_US
dc.subject.stwTheorieen_US
dc.titleMutual Recognition of National Minimum Quality Standards may Support International Convergenceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn364592699en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:zewdip:961-
Appears in Collections:ZEW Discussion Papers
Publikationen von Forscherinnen und Forschern des ZEW

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