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Title: Collective Reputation, Entry and Minimum Safety Standard
Authors: Rouviere, Elodie
Soubeyran, Raphael
Keywords: Collective Reputation
Minimum Quality Standard
Issue Date: 2008
Abstract: 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 induce firms to enter the market. Contrary to conventional wisdom, a minimum quality standard should not always be considered as a barrier to entry.
Institution/Association: European Association of Agricultural Economists>2008 International Congress, August 26-29, 2008, Ghent, Belgium
Total Pages: 10
Collections:2008 International Congress, August 26-29, 2008, Ghent, Belgium

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