Minimum quality standards and predatory behaviour

This paper shows that the introduction of a minimum quality standard can have repercussions on market structure, opening the possibility of predatory behaviour. The predatory equilibrium exists independently of whether or not adjustment costs are present. Moreover, whenever predation is an equilibrium, it is selected by the risk dominance criterion.

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Year of publication:	1999
Authors:	Lambertini, Luca ; Scarpa, Carlo
Publisher:	Milano : Fondazione Eni Enrico Mattei (FEEM)
Subject:	Produktqualität \| Standardisierung \| Verdrängungswettbewerb \| Duopol \| Anpassungskosten \| Theorie \| MQS \| vertical differentiation \| predatory behaviour

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Series:	Nota di Lavoro ; 86.1999
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	hdl:10419/155039 [Handle]
Classification:	L12 - Monopoly; Monopolization Strategies ; L13 - Oligopoly and Other Imperfect Markets
Source:	EconStor

Persistent link: https://www.econbiz.de/10011608549