2015
DOI: 10.1016/j.jeem.2015.05.003
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Green, greener, greenest: Eco-label gradation and competition

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Cited by 75 publications
(61 citation statements)
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References 30 publications
(10 reference statements)
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“…Proposition 2 Suppose that 2- <  < 1 2 (+), i.e., the marginal cost of quality per unit is low. Then, the following equilibria exist: 5 Similar arguments show that the optimal NGO standard will be exactly sN = s  if the NGO program considers to choose a standard between s  and s  , and the industry program will respond with a higher standard (i.e., sI > sN ) or a very low one (i.e., sI =s), with resulting aggregate environmental quality still equal to E  Further, in all equilibria, one firm produces environmental quality s whereas the other firm produces environmental quality s  , which is given by (9); the equilibrium aggregate environmental quality and industry profit are equal to E  and   , which are given by (11) and (10), respectively.…”
Section: ()mentioning
confidence: 99%
“…Proposition 2 Suppose that 2- <  < 1 2 (+), i.e., the marginal cost of quality per unit is low. Then, the following equilibria exist: 5 Similar arguments show that the optimal NGO standard will be exactly sN = s  if the NGO program considers to choose a standard between s  and s  , and the industry program will respond with a higher standard (i.e., sI > sN ) or a very low one (i.e., sI =s), with resulting aggregate environmental quality still equal to E  Further, in all equilibria, one firm produces environmental quality s whereas the other firm produces environmental quality s  , which is given by (9); the equilibrium aggregate environmental quality and industry profit are equal to E  and   , which are given by (11) and (10), respectively.…”
Section: ()mentioning
confidence: 99%
“…Using eco‐labelling information is made difficult, as the number of alternative eco‐labelling schemes has steadily increased (Czarnezki, Homan, & Jeans, ). There are more than 464 eco‐labels in existence (Ecolabel Index, ) and each scheme communicates different types of environmental information (Li & van’t Veld, ).…”
Section: Introductionmentioning
confidence: 99%
“…Finally, Prieto-Sandoval et al (2016) proposed that product eco-innovation is also closely related to the existence of an eco-label development program for products. Furthermore, based on the performance of environmental standards, eco-labels allow manufacturing firms, especially companies in the automotive industry, to label the eco-products to communicate the different aspects of environmental care to different consumers (Li & van't Veld, 2015). In addition, the principles on which eco-labels are generally based are subject to ISO 14020 standards (Prieto-Sandoval et al, 2016).…”
Section: Product Eco-innovationmentioning
confidence: 99%