| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5062795 | Economics Letters | 2006 | 7 Pages |
Abstract
The present note shows that “innocuous” minimum quality standards, namely below the lowest quality level in a market, may have effects on equilibrium outcomes. Such a MQS reduces the incentive to invest in R&D by the quality-leading firm.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Paolo G. Garella,