• Title of article

    Minimum quality standards as a barrier to innovation

  • Author/Authors

    John W. Maxwell، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1998
  • Pages
    6
  • From page
    355
  • To page
    360
  • Abstract
    Most models of minimum quality standards do not deal with the dynamic nature of regulation. This note shows that presence of minimum quality standards may reduce firm incentives to innovate, leading to a lower level of social welfare under regulation.
  • Keywords
    Minimum Quality , Regulation , innovation
  • Journal title
    Economics Letters
  • Serial Year
    1998
  • Journal title
    Economics Letters
  • Record number

    434517

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=434517