This paper studies the influence of minimum quality standards in a partial-equilibrium model of vertical product …. Under these alternatives, standards can be found that increase welfare in both regions. The analysis integrates the …

and price in two segmented markets. Minimum quality standards, set according to the principle of Mutual Recognition, can … be used to increase welfare. The results of the one-shot game suggest that standards achieve initial convergence in terms …’ qualities in the previous period determine their costs. In an N-period game, quality standards will, in fact, lead to …

In this paper I argue that quality standards, products standards, and quality classes influence the priority that firms … give to different product developments. These standards may be viewed as institutions in the sense of shared rules of … transaction costs. When reliable and extensively used standards exist, transaction costs are reduced. But these positive …

conformance to industry standards. This research builds a hedonic model to determine the effects of network externalities …, standards, intrinsic features and a time trend on microcomputer spreadsheet software prices. When data for a sample of products …

voluntary compatibility standards. These cases show how subtle differences in the design of standards development organizations … communications infrastructure. They demonstrate the importance of standards for intra- and inter-industry competition. …

In this paper we examine the incentives for governments to recognize the standards of foreign products. In the case of …

finds that while claims of universality of labour standards are overblown, addressing the legitimate concerns that citizens …