Testing by competitors in enforcement of product standards
Firms have an incentive to test competitors' products to reveal violations of safety and environmental standards, in order to have competitors' products blocked from sale. This paper shows that testing by a regulator crowds out testing by competitors, and can reduce firms' efforts to...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
INFORMS Inst.for Operations Res.and the Management Sciences
2019
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Subjects: | |
Online Access: | View Fulltext in Publisher |