The effects of environmental quality misperception on investments and regulation
This paper analyzes whether consumers’ misperception on the quality of the product influences firms’ investment choices. We examine a setup with horizontal and vertical (green) differentiation, where consumers are heterogeneous in the exogenous perception of environmental quality. Demands, true qual...
Ausführliche Beschreibung
Gespeichert in:
| Autor*in: |
Lambertini, Luca [verfasserIn] |
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E-Artikel |
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| Sprache: |
Englisch |
| Erschienen: |
2020transfer abstract |
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| Schlagwörter: |
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| Übergeordnetes Werk: |
Enthalten in: TiO2 nanoparticle assisted solid phase photocatalytic degradation of polythene film: A mechanistic investigation - 2013, Amsterdam [u.a.] |
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| Übergeordnetes Werk: |
volume:225 ; year:2020 ; pages:0 |
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| DOI / URN: |
10.1016/j.ijpe.2019.107579 |
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| 520 | |a This paper analyzes whether consumers’ misperception on the quality of the product influences firms’ investment choices. We examine a setup with horizontal and vertical (green) differentiation, where consumers are heterogeneous in the exogenous perception of environmental quality. Demands, true qualities and profits are increasing in the perception of higher quality, while the investment in green quality is high for high and low degrees of product substitutability. We further consider the introduction of either an emission tax or an environmental standard. Both interventions increase the investment in green quality. We show that for low marginal damages, the environmental standard increases quality, while taxation is more effective when the environmental damage is large. | ||
| 520 | |a This paper analyzes whether consumers’ misperception on the quality of the product influences firms’ investment choices. We examine a setup with horizontal and vertical (green) differentiation, where consumers are heterogeneous in the exogenous perception of environmental quality. Demands, true qualities and profits are increasing in the perception of higher quality, while the investment in green quality is high for high and low degrees of product substitutability. We further consider the introduction of either an emission tax or an environmental standard. Both interventions increase the investment in green quality. We show that for low marginal damages, the environmental standard increases quality, while taxation is more effective when the environmental damage is large. | ||
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10.1016/j.ijpe.2019.107579 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001002.pica (DE-627)ELV050215515 (ELSEVIER)S0925-5273(19)30420-7 DE-627 ger DE-627 rakwb eng 540 VZ 540 VZ 35.10 bkl Lambertini, Luca verfasserin aut The effects of environmental quality misperception on investments and regulation 2020transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier This paper analyzes whether consumers’ misperception on the quality of the product influences firms’ investment choices. We examine a setup with horizontal and vertical (green) differentiation, where consumers are heterogeneous in the exogenous perception of environmental quality. Demands, true qualities and profits are increasing in the perception of higher quality, while the investment in green quality is high for high and low degrees of product substitutability. We further consider the introduction of either an emission tax or an environmental standard. Both interventions increase the investment in green quality. We show that for low marginal damages, the environmental standard increases quality, while taxation is more effective when the environmental damage is large. This paper analyzes whether consumers’ misperception on the quality of the product influences firms’ investment choices. We examine a setup with horizontal and vertical (green) differentiation, where consumers are heterogeneous in the exogenous perception of environmental quality. Demands, true qualities and profits are increasing in the perception of higher quality, while the investment in green quality is high for high and low degrees of product substitutability. We further consider the introduction of either an emission tax or an environmental standard. Both interventions increase the investment in green quality. We show that for low marginal damages, the environmental standard increases quality, while taxation is more effective when the environmental damage is large. L51 Elsevier Q50 Elsevier L13 Elsevier Pignataro, Giuseppe oth Tampieri, Alessandro oth Enthalten in Elsevier Science TiO2 nanoparticle assisted solid phase photocatalytic degradation of polythene film: A mechanistic investigation 2013 Amsterdam [u.a.] (DE-627)ELV016982673 volume:225 year:2020 pages:0 https://doi.org/10.1016/j.ijpe.2019.107579 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA GBV_ILN_23 GBV_ILN_70 35.10 Physikalische Chemie: Allgemeines VZ AR 225 2020 0 |
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10.1016/j.ijpe.2019.107579 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001002.pica (DE-627)ELV050215515 (ELSEVIER)S0925-5273(19)30420-7 DE-627 ger DE-627 rakwb eng 540 VZ 540 VZ 35.10 bkl Lambertini, Luca verfasserin aut The effects of environmental quality misperception on investments and regulation 2020transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier This paper analyzes whether consumers’ misperception on the quality of the product influences firms’ investment choices. We examine a setup with horizontal and vertical (green) differentiation, where consumers are heterogeneous in the exogenous perception of environmental quality. Demands, true qualities and profits are increasing in the perception of higher quality, while the investment in green quality is high for high and low degrees of product substitutability. We further consider the introduction of either an emission tax or an environmental standard. Both interventions increase the investment in green quality. We show that for low marginal damages, the environmental standard increases quality, while taxation is more effective when the environmental damage is large. This paper analyzes whether consumers’ misperception on the quality of the product influences firms’ investment choices. We examine a setup with horizontal and vertical (green) differentiation, where consumers are heterogeneous in the exogenous perception of environmental quality. Demands, true qualities and profits are increasing in the perception of higher quality, while the investment in green quality is high for high and low degrees of product substitutability. We further consider the introduction of either an emission tax or an environmental standard. Both interventions increase the investment in green quality. We show that for low marginal damages, the environmental standard increases quality, while taxation is more effective when the environmental damage is large. L51 Elsevier Q50 Elsevier L13 Elsevier Pignataro, Giuseppe oth Tampieri, Alessandro oth Enthalten in Elsevier Science TiO2 nanoparticle assisted solid phase photocatalytic degradation of polythene film: A mechanistic investigation 2013 Amsterdam [u.a.] (DE-627)ELV016982673 volume:225 year:2020 pages:0 https://doi.org/10.1016/j.ijpe.2019.107579 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA GBV_ILN_23 GBV_ILN_70 35.10 Physikalische Chemie: Allgemeines VZ AR 225 2020 0 |
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10.1016/j.ijpe.2019.107579 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001002.pica (DE-627)ELV050215515 (ELSEVIER)S0925-5273(19)30420-7 DE-627 ger DE-627 rakwb eng 540 VZ 540 VZ 35.10 bkl Lambertini, Luca verfasserin aut The effects of environmental quality misperception on investments and regulation 2020transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier This paper analyzes whether consumers’ misperception on the quality of the product influences firms’ investment choices. We examine a setup with horizontal and vertical (green) differentiation, where consumers are heterogeneous in the exogenous perception of environmental quality. Demands, true qualities and profits are increasing in the perception of higher quality, while the investment in green quality is high for high and low degrees of product substitutability. We further consider the introduction of either an emission tax or an environmental standard. Both interventions increase the investment in green quality. We show that for low marginal damages, the environmental standard increases quality, while taxation is more effective when the environmental damage is large. This paper analyzes whether consumers’ misperception on the quality of the product influences firms’ investment choices. We examine a setup with horizontal and vertical (green) differentiation, where consumers are heterogeneous in the exogenous perception of environmental quality. Demands, true qualities and profits are increasing in the perception of higher quality, while the investment in green quality is high for high and low degrees of product substitutability. We further consider the introduction of either an emission tax or an environmental standard. Both interventions increase the investment in green quality. We show that for low marginal damages, the environmental standard increases quality, while taxation is more effective when the environmental damage is large. L51 Elsevier Q50 Elsevier L13 Elsevier Pignataro, Giuseppe oth Tampieri, Alessandro oth Enthalten in Elsevier Science TiO2 nanoparticle assisted solid phase photocatalytic degradation of polythene film: A mechanistic investigation 2013 Amsterdam [u.a.] (DE-627)ELV016982673 volume:225 year:2020 pages:0 https://doi.org/10.1016/j.ijpe.2019.107579 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA GBV_ILN_23 GBV_ILN_70 35.10 Physikalische Chemie: Allgemeines VZ AR 225 2020 0 |
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This paper analyzes whether consumers’ misperception on the quality of the product influences firms’ investment choices. We examine a setup with horizontal and vertical (green) differentiation, where consumers are heterogeneous in the exogenous perception of environmental quality. Demands, true qualities and profits are increasing in the perception of higher quality, while the investment in green quality is high for high and low degrees of product substitutability. We further consider the introduction of either an emission tax or an environmental standard. Both interventions increase the investment in green quality. We show that for low marginal damages, the environmental standard increases quality, while taxation is more effective when the environmental damage is large. |
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This paper analyzes whether consumers’ misperception on the quality of the product influences firms’ investment choices. We examine a setup with horizontal and vertical (green) differentiation, where consumers are heterogeneous in the exogenous perception of environmental quality. Demands, true qualities and profits are increasing in the perception of higher quality, while the investment in green quality is high for high and low degrees of product substitutability. We further consider the introduction of either an emission tax or an environmental standard. Both interventions increase the investment in green quality. We show that for low marginal damages, the environmental standard increases quality, while taxation is more effective when the environmental damage is large. |
| abstract_unstemmed |
This paper analyzes whether consumers’ misperception on the quality of the product influences firms’ investment choices. We examine a setup with horizontal and vertical (green) differentiation, where consumers are heterogeneous in the exogenous perception of environmental quality. Demands, true qualities and profits are increasing in the perception of higher quality, while the investment in green quality is high for high and low degrees of product substitutability. We further consider the introduction of either an emission tax or an environmental standard. Both interventions increase the investment in green quality. We show that for low marginal damages, the environmental standard increases quality, while taxation is more effective when the environmental damage is large. |
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The effects of environmental quality misperception on investments and regulation |
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https://doi.org/10.1016/j.ijpe.2019.107579 |
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| author2 |
Pignataro, Giuseppe Tampieri, Alessandro |
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10.1016/j.ijpe.2019.107579 |
| up_date |
2024-07-06T16:55:40.418Z |
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