Alchian and Allen show that a per unit transactions cost lowers the relative price of, and
raises the relative demand for, high-quality goods. We extend their theory, deriving a …

This paper examines strategic trade and joint welfare maximizing incentives towards
investment in the quality of exports by an LDC and a developed country. Firms first compete …

In this paper, the determinants of innovation behaviour and investment are explored with a
large micro-data panel from West-German manufacturing firms. The estimates are discussed …

The greening of organizational transportation fleets, especially trucks and automobiles, has
gained increasing attention by companies in a variety of industrial sectors. The reasons for …

We introduce a supply chain network equilibrium model with differentiated products, in
which firms compete on product quantities and quality. We then extend the model to include …

In a vertically differentiated industry a domestic and a foreign firm first choose the quality of
their goods and then compete in quantities, or prices, in the home market. We investigate the …

This paper puts forward the opinion that the certification of origin constitutes another type of
non‐tariff barrier. Indeed, certification of origin often combines both a quantity restriction and …

With fixed costs of quality improvement, we find that a covered market outcome with an
interior solution in the price stage is not a Nash equilibrium. When the degree of consumer …

We consider an open to trade two-country model with two vertically differentiated goods and
relative preferences in consumption. These preferences are such that consumers obtain …

Trade policy and quality leadership in transition economies are analyzed in a duopoly
model of trade and vertical product differentiation. We first show that the incidence of trade …