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http://hdl.handle.net/10419/40677
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| Title: | | Collective reputation, entry and minimum quality standard  |
| Authors: | | Rouvière, Elodie Soubeyran, Raphaël |
| Issue Date: | | 2008 |
| Series/Report no.: | | Nota di lavoro // Fondazione Eni Enrico Mattei: ETA, Economic theory and applications 2008,7 |
| Abstract: | | This article deals with the issue of entry into an industry where firms share a collective reputation. First, we show that free entry is not socially optimal; there is a need for regulation through the imposition of a minimum quality standard. Second, we argue that a minimum quality standard can induce firms to enter the market. Contrary to conventional wisdom, a minimum quality standard should not always be considered as a barrier to entry. |
| Subjects: | | Collective Reputation Entry Minimum Quality Standard |
| JEL: | | L11 H41 I18 Q18 |
| Document Type: | | Working Paper |
| Appears in Collections: | | FEEM Working Papers, Fondazione Eni Enrico Mattei
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