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This article deals with the issue of entry into an industry where firms share a collective reputation. First, we show … that free entry is not socially optimal; there is a need for regulation through the imposition of a minimum quality … wisdom, a minimum quality standard should not always be considered as a barrier to entry. …
Persistent link: https://www.econbiz.de/10010270951
entry is not socially optimal and we argue that the imposition of a Minimum Quality Standard (MQS) may induce firms to enter …
Persistent link: https://www.econbiz.de/10009351484
There has been a fundamental development in theory and understanding of market, private, collective and public organizations in recent years. This paper incorporates achievements of the interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law,...
Persistent link: https://www.econbiz.de/10015223744
This article deals with the issue of entry into an industry where firms share a collective reputation. First, we show … that free entry is not socially optimal; there is a need for regulation through the imposition of a minimum quality … wisdom, a minimum quality standard should not always be considered as a barrier to entry …
Persistent link: https://www.econbiz.de/10014220659
There has been a fundamental development in theory and understanding of market, private, collective and public organizations in recent years. This paper incorporates achievements of the interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law,...
Persistent link: https://www.econbiz.de/10014190048
Our food supply rests on a foundation of agricultural seed. As the world races to meet soaring food demand, the development and control of this fundamental genetic resource will be of critical concern to the entire human community. Seed, once treated as a shared public good and natural resource,...
Persistent link: https://www.econbiz.de/10013044021
This report identifies and analyses trends in the local production of medicines in developing countries and related technology transfer. The objective is to assist the World Health Organization (WHO) in its support for Member States in implementing the global strategy and plan of action on...
Persistent link: https://www.econbiz.de/10014174976
may foster cooperation through an entry mechanism, which leads to assortative selection of interaction partners, or an …
Persistent link: https://www.econbiz.de/10011444299
cooperation through two mechanisms: an entry mechanism, which leads to assortative selection of interaction partners, or an exit … evidence of a positive effect of entry. Assortative selection of interaction partners seems to play a minor role in our setting …
Persistent link: https://www.econbiz.de/10011444311
cooperation through two mechanisms: an entry mechanism, which leads to assortative selection of interaction partners, or an exit … evidence of a positive effect of entry. Assortative selection of interaction partners seems to play a minor role in our setting …
Persistent link: https://www.econbiz.de/10010504597