研討日期

2022718日上午10:30~ 12:30

研討地點

國立臺灣大學社會科學院710會議室

主講題目

Title of the paper

Minimum Quality Standards and Collusion

作者

Authors of the paper

Giulio Ecchia and Luca Lambertini

文獻出處

Journal, vol.(issue), pp

THE JOURNAL OF INDUSTRIAL ECONOMICS 0022-1821

Volume XLV March 1997 No. 1

主講人

王羿傑

參加人員

王羿傑、王光正、施姵全、高國峯、張瑞雲、許至乙、蘇家叡、郭文忠、丁虹仁

摘要

Abstract of the paper

We model the introduction of a minimum quality standard in a vertically differentiated duopoly. We extend the literature by determining the standard endogenously, showing that the maximisation of social welfare entails an increase in the surplus accruing to consumers served by the low quality ¢rm and a decrease in the surplus of the remaining consumers. Then, we consider the effects of the standard on the stability of price collusion, proving that the standard makes it more difficult for ¢rms to collude if consumers are sufficiently rich.