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Higher Minimum Quality Standards and Redistributive Effects on Consumer Welfare

Kotschedoff, Marco J.W. - 2020

This paper estimates an individual level demand model for eggs differentiated by animal welfare. Typically, after minimum quality standards for eggs are raised, the price of higher quality eggs falls. As a result, consumer welfare is redistributed from households who do not value animal welfare...

Persistent link: https://www.econbiz.de/10012851862

An Economic Model of Price Comparison with Consumers’ Internal Standard

Kim, Dong Soo - 2020

Consumers evaluate retail prices based on their internal standard of anticipated prices to make purchases. The internal price standard has been operationalized as rational expectation of price beliefs. Without observing internal standard, its promotional effects estimated in descriptive...

Persistent link: https://www.econbiz.de/10012854594

Auditor Reputation Concerns, Legal Liability, and Standards

Rothenberg, Naomi - 2020

This paper studies how legal liability due to negligence can weaken or strengthen an auditor's reputation concerns in the client market to provide high audit effort. A negligence liability rule relies on auditing standards to provide a threshold for the level of due care. When the negligence...

Persistent link: https://www.econbiz.de/10012855966

Standard Setting Organizations and FRAND Licensing

Kesan, Jay P. - 2019

This chapter reviews the law and policy relating to Standard Setting Organizations (SSOs) and the FRAND commitment. To improve interoperability, we need technology standards, and to create them, we need industry members to work together in standard-setting organizations (SSOs). To ensure that...

Persistent link: https://www.econbiz.de/10012861001

Academic Achievement and Tracking - a Theory Based on Grading Standards

Ehlers, Tim - 2019

We present a theory explaining the impact of ability tracking on academic performance based on grading policies. Our model distinguishes between initial ability, which is mainly determined by parental background, and eagerness to extend knowledge. We show that achievements of low ability...

Persistent link: https://www.econbiz.de/10012861399

Technological Standardization, Endogenous Productivity and Transitory Dynamics

Baron, Justus - 2014

We uncover technological standardization as a microeconomic mechanism which is vital for the implementation of new … (“standardization”) to ensure compatibility. Using data on standardization, we are therefore able to identify technology shocks and … capital. Second, standardization can reveal news about future movements of macroeconomic aggregates as evidenced by the …

Persistent link: https://www.econbiz.de/10013049330

Standard Setting, Intellectual Property Rights, and the Role of Antitrust in Regulating Incomplete Contracts

Tsai, Joanna - 2014

A large and growing number of regulators and academics, while recognizing the benefits of standardization, view … skeptically the role standard setting organizations (SSOs) play in facilitating standardization and commercialization of …

Persistent link: https://www.econbiz.de/10013050691

Standards, Royalty Stacking and Collective Action

Contreras, Jorge L. - 2015

This article summarizes economic and legal theories regarding royalty stacking in view of recent U.S. case law that has addressed the impact of stacking on the reasonableness of patent royalty rates. It critiques the Federal Circuit's decision in Ericsson v. D-Link, holding that actual evidence...

Persistent link: https://www.econbiz.de/10013025121

Academic Achievement and Tracking – A Theory Based on Grading Standards

Ehlers, Tim - 2016

Persistent link: https://www.econbiz.de/10012984481

Retaliatory use of public standards in trade

Nes, Kjersti; Schaefer, K. Aleks - In: Economic inquiry 60 (2022) 1, pp. 142-161

Persistent link: https://www.econbiz.de/10012796484