文章基本信息

标题：Is a Minimum Quality Standard Socially Optimal?
本地全文：下载
作者：Stephan Marette
期刊名称：Economics Bulletin
电子版ISSN：1545-2921
出版年度：2008
卷号：12
出版社：Economics Bulletin
摘要：This paper explores the role of a minimum quality standard when the quality choice is discrete. A minimum quality standard is never a socially optimal policy under Bertrand and Cournot competition. Conversely, it is often optimal to subsidize or tax the high quality in order to implement different firms' choices corresponding to a situation of welfare maximization.