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Recent literature on biofuels has questioned whether biofuels policies are likely to reduce the negative effects of climate change. In this paper we make two contributions to the literature. First, we study the market effects of a renewable fuel standard in a dynamic model taking into account...
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performance. It is proposed that the local implementation of these general standards from outside the organization will likely … lead to a variety of firm-specific implementation trajectories, ultimately leading to different levels of VSS … implementation extensiveness across firms. This variety that is not sufficiently addressed in extant research, is researched in the …
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This paper provides a theoretical rationale for non-binding retail price recommendations (RPRs) in vertical supply relations. Analyzing a bilateral manufacturer-retailer relationship with repeated trade, we show that linear relational contracts can implement the surplusmaximizing outcome. If the...
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Standards reduce production costs and increase products' value to consumers. Standards however entail risks of anti-competitive abuse. After the adoption of a standard, the chosen technology normally lacks credible substitutes. The owner of the patented technology might thus have additional...
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Analyses that examine the role of international standards on export performance has been concentrated on quality certifications. Very little is known about the impact of environmental certifications on exports. In this paper we employ firm-level data from Ecuador to assess the impact of the ISO...
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discuss what standards are, how the process of standardization works, and how standards are related to induced innovation and …
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