Minimum Quality Standards in Hedonic Markets with Environmental Externalities

We investigate the introduction of a minimum quality standard (MQS) in a vertically differentiated duopoly with an environmental externality. We establish that the MQS bites only if the hedonic component of consumer preferences is sufficiently strong. Then, we illustrate an underlying tradeoff between the beneficial effects of quality enhancement on prices and the associated undesirable increase in the environmental externality

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Year of publication:	2011
Authors:	Ecchia, Giulio
Other Persons:	Lambertini, Luca (contributor) ; Tampieri, Alessandro (contributor)
Publisher:	[2011]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Externer Effekt \| Externalities \| Produktqualität \| Product quality \| Hedonischer Preisindex \| Hedonic price index \| Standardisierung \| Standardization

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Extent:	1 Online-Ressource (11 p)
Series:	Quaderni DSE Working Paper ; No. 731
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments February 4, 2011 erstellt
Other identifiers:	10.2139/ssrn.1780997 [DOI]
Classification:	L13 - Oligopoly and Other Imperfect Markets ; L51 - Economics of Regulation ; Q50 - Environmental Economics. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013128771