costs and quality-dependent costs of production and compete in quality and price in the domestic market. Quality … quality standard binding for both foreign and domestic firms. In the present of an initial cost advantage of the domestic firm …, a sufficiently high minimum quality standard set by the domestic government will enable the domestic firm to induce exit …

costs and quality-dependent costs of production and compete in quality and price in the domestic market. Quality … quality standard binding for both foreign and domestic firms. In the presence of an initial cost advantage of the domestic … firm, a sufficiently high minimum quality standard set by the domestic government will enable the domestic firm to induce …

costs and quality-dependent costs of production and compete in quality and price in the domestic market. Quality … quality standard binding for both foreign and domestic firms. In the present of an initial cost advantage of the domestic firm …, a sufficiently high minimum quality standard set by the domestic government will enable the domestic firm to induce exit …

‘leapfrogging’ in terms of product qualities. This note presents an example where a minimum quality standard facilitates …

costs and quality-dependent costs of production and compete in quality and price in the domestic market. Quality … quality standard binding for both foreign and domestic firms. In the presence of an initial cost advantage of the domestic … firm, a sufficiently high minimum quality standard set by the domestic government will enable the domestic firm to induce …

A private and a public firm face fixed quality-dependent costs of production and compete first in quality and then … quality ranking. In addition, mixed competition seems to be a more efficient regulatory instrument than the adoption of a … minimum quality standard. …

In many markets governments set minimum quality standards while some sellers choose to compete on the basis of quality … by exceeding them. Such ‘high-quality’ strategies often win public acclaim, especially when ‘environmental friendliness … product differentiation. A minimum quality standard leads both the high-quality and the low-quality firm to increase product …