Quality certification standards in competitive markets: When consumers and producers (dis)agree

C-Tier
Journal: Economics Letters
Year: 2009
Volume: 104
Issue: 3
Pages: 144-147

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

A quality certification standard in a competitive setting can improve welfare but may affect consumers and producers differently. In a competitive model with quality preferences of the vertical product differentiation type, we find that producers prefer a higher (lower) quality standard than consumers if individual demand functions are log-convex (log-concave).

Technical Details

RePEc Handle
repec:eee:ecolet:v:104:y:2009:i:3:p:144-147
Journal Field
General
Author Count
2
Added to Database
2026-01-25