Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Minimum Quality Standards in Hedonic Markets with Environmental Externalities
Abstract We investigate the introduction of a minimum quality standard (MQS) in a vertically differentiated duopoly with an environmental externality. We establish that the MQS bites only if the hedonic component of consumer preferences is sufficiently strong. Then, we illustrate an underlying trade-off between the beneficial effects of quality enhancement on prices and the associated undesirable increase in the environmental externality.
Minimum Quality Standards in Hedonic Markets with Environmental Externalities
Abstract We investigate the introduction of a minimum quality standard (MQS) in a vertically differentiated duopoly with an environmental externality. We establish that the MQS bites only if the hedonic component of consumer preferences is sufficiently strong. Then, we illustrate an underlying trade-off between the beneficial effects of quality enhancement on prices and the associated undesirable increase in the environmental externality.
Minimum Quality Standards in Hedonic Markets with Environmental Externalities
Ecchia, Giulio (Autor:in) / Lambertini, Luca (Autor:in) / Tampieri, Alessandro (Autor:in)
Environmental Modeling & Assessment ; 18 ; 319-323
16.10.2012
5 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
Minimum Quality Standards in Hedonic Markets with Environmental Externalities
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