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these taxes to address concerns about rising obesity. We demonstrate the range of impacts a tax on added sugar and salt …-responsive firms and consumers, and everything in between. Fully responsive firms would reformulate products to reduce sugar and salt … would substitute away from products in proportion to the increase in price, and not increase purchases of added sugar or …
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Over one million firms around the world have adopted a Quality Management System (QMS) that conforms to ISO 9001 certification in 2015 and recent figures show that certifications have rapidly increased in emerging economies. ISO 9001 is considered a signal of high quality for products or...
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This article deals with the issue of entry into an industry where firms share a collective reputation. First, we show that free entry is not socially optimal; there is a need for regulation through the imposition of a minimum quality standard. Second, we argue that a minimum quality standard can...
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