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On MQS regulation, innovation and market coverage

Emanuele Bacchiega, Luca Lambertini () and Andrea Mantovani

Economics Letters, 2010, vol. 108, issue 1, 26-27

Abstract: We revisit Maxwell's (1998) analysis to show that his results are incompatible with the assumption of full market coverage. As a consequence, the effects of MQS regulation on the high-quality firm's incentive to adopt a more efficient technology cannot be assessed in this model.

Keywords: MQS; Vertical; differentiation; Market; coverage (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (3)

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Working Paper: On MQS regulation, innovation and market coverage (2006) Downloads
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