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Mutual Recognition of National Minimum Quality Standards may Support International Convergence

Lutz, Stefan - 2003

In a model of vertical product differentiation, duopolistic firms face qualitydependent costs and compete in quality and price in two segmented markets. Minimum quality standards, set according to the principle of Mutual Recognition, can be used to increase welfare. The results of the one-shot...

Persistent link: https://www.econbiz.de/10010298134

International Coordination of Quality Standards and Vertical Product Differentiation

Lutz, Stefan - 2003

I study the influence of minimum quality standards in a partial-equilibrium model of vertical product differentiation and trade in which duopolistic firms face quality-dependent costs and compete in quality and price in two segmented markets. Three alternative standard setting arrangements are...

Persistent link: https://www.econbiz.de/10010297292

On competition and the strategic management of intellectual property in oligopoly

Jansen, Jos - 2009

An innovative firm chooses strategically whether to patent its process innovation or rely on secrecy. By doing so, the firm manages its rival's beliefs about the size of the innovation, and affects the incentives in the product market. Different measures of competitive pressure in the product...

Persistent link: https://www.econbiz.de/10010267007

Quality competition and social welfare in markets with partial coverage: New results

Amacher, Gregory S.; Koskela, Erkki; Ollikainen, Markku - 2003

We use a vertical product differentiation model under partial market coverage to study the social welfare optimum and duopoly equilibrium when convex costs of quality provision are either fixed or variable in terms of production. We show that, under fixed costs, at the social welfare optimum...

Persistent link: https://www.econbiz.de/10010284968

Intermediation by heterogeneous oligopolists

Morasch, Karl - 2010

In his book on 'Market Microstructure' Spulber presented some strange results with respect to the impact of the substitutability parameter in an intermediation model with differentiated products and inputs. Intuitively, effects in the product and the input market should be similar: if firms...

Persistent link: https://www.econbiz.de/10010304487

Reciprocal Dumping with Bertrand Competition

Friberg, Richard; Ganslandt, Mattias - 2005

This paper examines if international trade can reduce total welfare in an international oligopoly with differentiated …

Persistent link: https://www.econbiz.de/10010320114

Reciprocal dumping with Bertrand competition

Friberg, Richard; Ganslandt, Mattias - 2005

This paper examines if international trade can reduce total welfare in an international oligopoly with differentiated …

Persistent link: https://www.econbiz.de/10010281461

Vertical product differentiation when quality is unobservable to buyers

Orosel, Gerhard O.; Zauner, Klaus G. - 2004

We analyze vertical product differentiation in a model where a good's quality is unobservable to buyers before purchase, a continuum of quality levels is technologically feasible, and minimum quality is supplied under competitive conditions. After purchase the true quality of the good is...

Persistent link: https://www.econbiz.de/10010261256

Regulatory standards can lead to predation

Lutz, Stefan - 2005

I present a model of vertical product differentiation and exit where a domestic and a foreign firm face fixed setup costs and quality-dependent costs of production and compete in quality and price in the domestic market. Quality-dependent costs are quadratic in qualities, but independent of the...

Persistent link: https://www.econbiz.de/10010301198

Electronic coordination in oligopolistic markets: Impact on transport costs and product differentiation

Bandulet, Martin; Morasch, Karl - 2002

Produktdifferenzierung eigentlich erhöhen. Wir analysieren die Interaktion der Investitionsentscheidungen in transportkostensenkende … elektronische Koordination und in verstärkte Produktdifferenzierung in einem Duopol mit räumlich getrennten Märkten. Wir zeigen … Parameterbereiche existieren in denen die Unternehmen nach einer exogenen Senkung der Transportkosten die Produktdifferenzierung …

Persistent link: https://www.econbiz.de/10010300398

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