أعرض تسجيلة المادة بشكل مبسط

dc.creator Meran, Georg
dc.creator Schwarze, Reimund
dc.date 2005
dc.date.accessioned 2013-10-16T06:59:42Z
dc.date.available 2013-10-16T06:59:42Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18382
dc.identifier ppn:504384031
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18382
dc.description This papers studies the effects on service quality and consumer surplus of a minimum price which is fixed by a bureaucratic non-monopolistic professional association. It shows that the price floor set by a Niskanen-type professional assocation will maximize consumer surplus only if consumers demand the highest possible average quality. If consumers demand services of lesser quality, the association?s price floor will be too high if measured by consumer surplus. Moreover we show that a de-regulated market will always reproduce the favorable result of a uniformly high price in the case of top quality demand while delivering superior results in the case of a mixed demand for high and low quality services. The general picture that emerges from this discussion is that the current EU Commission?s initiative to abolish fixed price schemes for professional services will not lead to a decrease in quality that would be undesirable from a standpoint of consumer protection. This holds even if we acknowledge the opponent?s claim that there is a chance of deprivation of professional ethics due to price competition.
dc.language eng
dc.publisher Deutsches Institut für Wirtschaftsforschung (DIW) Berlin
dc.relation DIW-Diskussionspapiere 531
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J44
dc.subject L15
dc.subject K21
dc.subject ddc:330
dc.subject Liberal professions
dc.subject price regulation
dc.subject quality
dc.subject professional association
dc.subject self-regulation
dc.subject EU competition policy
dc.subject intrinsic motivation
dc.title Can Minimum Prices Assure the Quality of Professional Services?
dc.type doc-type:workingPaper


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أعرض تسجيلة المادة بشكل مبسط