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Preemption, Predation, and Minimum Quality Standards
vertical product differentiation oligopoly trade quality country asymmetries
2014/6/24
We present a model of vertical product differentiation and exit where a domestic and a foreign firm face fixed setup costs and quality-dependent costs of production and compete in quality and price in...
International Strategic Choice of Minimum Quality Standards and Welfare
product differentiation oligopoly trade quality standards policy coordination
2014/6/24
We study the influence of minimum quality standards in a two-region partial-equilibrium model of vertical product differentiation and trade. Three alternative standard setting arrangements are conside...