Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/155039
Authors: 
Lambertini, Luca
Scarpa, Carlo
Year of Publication: 
1999
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 86.1999
Abstract: 
This paper shows that the introduction of a minimum quality standard can have repercussions on market structure, opening the possibility of predatory behaviour. The predatory equilibrium exists independently of whether or not adjustment costs are present. Moreover, whenever predation is an equilibrium, it is selected by the risk dominance criterion.
Subjects: 
MQS
vertical differentiation
predatory behaviour
JEL: 
L12
L13
Document Type: 
Working Paper

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