Showing 1 - 10 of 29
Import price elasticity tends to be under-estimated due to the omission of quality effects. This dissertation aims to fill this gap by analyzing 1) how quality effects affect the estimation of import price elasticity, 2) the impact of quality innovation in the various goods sectors of an economy...
Persistent link: https://www.econbiz.de/10009372658
The paper analyzes the efficiency of extended producer responsibility (EPR) for waste management. We consider a vertically differentiated duopoly where endogenous market quality affects waste disposal costs. Each producer has to meet a take-back requirement that forces it to collect and treat...
Persistent link: https://www.econbiz.de/10009372708
The paper analyzes the efficiency of extended producer responsibility (EPR) for waste management. We consider a vertically differentiated duopoly where endogenous market quality affects waste disposal costs. Each producer has to meet a take-back requirement that forces it to collect and treat...
Persistent link: https://www.econbiz.de/10010738627
Why do "made in"labels matter? We study the effect of firm and country reputation on exports when buyers cannot observe quality prior to purchase. Firm-level demand is determined by expected quality, which depends on both past experience with the good and the country of origin's reputation for...
Persistent link: https://www.econbiz.de/10010738847
The "Elimination by aspects" (EBA) duopoly of product differentiation (Laurent, 2006a) was constructed from the discrete model of probabilistic choice worked out by Tversky (1972a,b). In this framework, an unique price equilibrium exists with a "differentiation by attributes", which embodies...
Persistent link: https://www.econbiz.de/10010738861
This article investigates the role of a search engine as an intermediary between firms and consumers. Search engines enable firms to target consumers who have revealed some specific needs through their query. In a framework with horizontal product differentiation, imperfect product information...
Persistent link: https://www.econbiz.de/10010738904
"Elimination by aspects" (EBA) is a discrete model of probabilistic choice worked out by Tversky in 1972 which supposes that decision makers follow a particular heuristic during a process of sequential choice. Options are described by their attributes and, at each decision stage, the individuals...
Persistent link: https://www.econbiz.de/10010739076
In the last decades the interaction between labour standards and international trade has assumed new importance. We use an incentive based-approach to assess the efficiency of trade policy instruments and private schemes for the promotion of international labour standards in Southern Firms. We...
Persistent link: https://www.econbiz.de/10010739107
This paper proposes a discrete choice duopoly in which products are described and differentiated by their specific attributes. These attributes can be discrete characteristics or differences in continuous variables, such as prices or qualities. Consumers follow a probabilistic reasoning which is...
Persistent link: https://www.econbiz.de/10010739108
Traditional trade models ignoring the dimension of product quality generally lead to excessively low trade price elasticities. In this paper, we show that higher estimated trade price elasticities, more in conformity with theory, can be obtained by controlling product quality in trade equations....
Persistent link: https://www.econbiz.de/10010750461