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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
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/10005483608
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
Persistent link: https://www.econbiz.de/10009368340
evidence. Without offsetting tax increases the legislation will plausibly reduce prices but significant entry into the industry …
Persistent link: https://www.econbiz.de/10010576066
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
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
may foster cooperation through an entry mechanism, which leads to assortative selection of interaction partners, or an …
Persistent link: https://www.econbiz.de/10011434271
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