Petropoulou, Dimitra - London School of Economics (LSE) - 2008
Unilateral minimum quality standards are endogenously determined as the outcome of a non-cooperative standard … standards are shown to give rise to a Prisoners' Dilemma structure in the incentives of policy-makers leading to inefficient … policy outcomes. The role of minimum quality standards as non-tariff barriers is examined and the scope for mutual gains from …