How Many Karats Is Gold: Welfare Effects of Easing a Denomination Standard

Claude Crampes and Abraham Hollander

Journal of Regulatory Economics, 1995, vol. 7, issue 2, 43 pages

Abstract: Most consumers benefit from a lowering of the required amount of aurous metal which jewelers must include in products sold as "gold." However, profits of producers of gold-plated adornments fall. The net welfare effect depends on whether the principal difference between consumers is their appreciation of the gold content, or their valuation of designation gold or gold-plated. Copyright 1995 by Kluwer Academic Publishers

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (17)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: How Many Karats Is Gold: Welfare Effects of Easing a Denomination Standard (1992)
Working Paper: How Many Karats Is Gold: Welfare Effects of Easing a Denomination Standard (1992)
Working Paper: How Many Karats Is Gold: Welfare Effects of Easing a Denomination Standard (1992)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:regeco:v:7:y:1995:i:2:p:131-43

Ordering information: This journal article can be ordered from
http://www.springer. ... on/journal/11149/PS2

Access Statistics for this article

Journal of Regulatory Economics is currently edited by Menaham Spiegel

More articles in Journal of Regulatory Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().