Multiplicity of Eco-Labels, Competition, and the Environment
| Autor: | Adel Ben Youssef, Chema Abderrazak |
|---|---|
| Přispěvatelé: | Ecole Supérieure des Sciences Economiques et Commerciales de Tunis, Université de Tunis, Groupe de Recherche en Droit, Economie et Gestion (GREDEG), Université Nice Sophia Antipolis (... - 2019) (UNS), COMUE Université Côte d'Azur (2015-2019) (COMUE UCA)-COMUE Université Côte d'Azur (2015-2019) (COMUE UCA)-Centre National de la Recherche Scientifique (CNRS)-Université Côte d'Azur (UCA) |
| Rok vydání: | 2009 |
| Předmět: |
environmental quality
greenwashing 05 social sciences eco-labels environmental quality asymmetric information greenwashing Certification 010501 environmental sciences [SHS.ECO]Humanities and Social Sciences/Economics and Finance 01 natural sciences General Business Management and Accounting Social planner Focus (linguistics) Competition (economics) Microeconomics Information asymmetry eco-labels asymmetric information Benchmark (surveying) 0502 economics and business Economics Greenwashing 050203 business & management Environmental quality 0105 earth and related environmental sciences Food Science |
| Zdroj: | Journal of Agricultural and Food Industrial Organization Journal of Agricultural and Food Industrial Organization, De Gruyter, 2009, 7 (2), pp.1-22. ⟨10.2202/1542-0485.1271⟩ Scopus-Elsevier |
| ISSN: | 1542-0485 |
| Popis: | This article develops a vertical differentiation model to study the competition and environmental effects of multiplicity of eco-labels within a given market. The focus is on the informational content of multiple eco-labels and whether or not they reflect the environmental qualities the labels purport to represent. Two settings are considered. In the first setting, which represents the benchmark, we assume information is complete (consumers know the true environmental qualities of the eco-labeled goods). In the second setting, information is incomplete but consumers use price as a signal for environmental qualities. Our results show that when information is complete, introduction of a second eco-label in a market improves the environmental qualities of eco-labeled goods. When information is incomplete, introduction of a second label leads to a rise in prices and a reduction in the environmental qualities of the goods. The latter setting requires specific regulation whereby information must be revealed by a benevolent social planner. |
| Databáze: | OpenAIRE |
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