IDEAS home Printed from https://ideas.repec.org/a/wly/mgtdec/v40y2019i3p336-349.html
   My bibliography  Save this article

Accreditation in a differentiated duopoly

Author

Listed:
  • Sverre Grepperud
  • Terje Andreas Mathisen
  • Pål Andreas Pedersen

Abstract

Accreditation is increasingly important worldwide; however, some industries have higher accreditation rates than others. We suggest a duopoly model to discuss how market characteristics affect the incentive for firms to seek accreditation. The discussion relates to the effects accreditation might have on the costs and demands in the markets, the degree of product differentiation (addressing both substitutable and complementary goods), type of competition (various Cournot and Bertrand games), and welfare for society. It follows that markets with high accreditation rates are either characterized by fierce competition (price competition in substitutable goods) or by a high degree of coordination (complementarity).

Suggested Citation

  • Sverre Grepperud & Terje Andreas Mathisen & Pål Andreas Pedersen, 2019. "Accreditation in a differentiated duopoly," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 40(3), pages 336-349, April.
    • Handle: RePEc:wly:mgtdec:v:40:y:2019:i:3:p:336-349
    DOI: 10.1002/mde.3005
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/mde.3005
    Download Restriction: no
    File URL: https://libkey.io/10.1002/mde.3005?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sverre Grepperud & Pål Andreas Pedersen, 2020. "Accreditation in regulated markets," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(7), pages 1287-1304, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:mgtdec:v:40:y:2019:i:3:p:336-349. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www3.interscience.wiley.com/cgi-bin/jhome/7976 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.