Publication | Closed Access
A Comment on a Model of Vertical Product Differentiation
218
Citations
1
References
1992
Year
EconomicsQuality LevelGeneralized FunctionVertical DifferentiationDuopoly ModelAutomatic DifferentiationProduct DifferentiationMarket EquilibriumVariational AnalysisPrice FormationBusinessEconomic AnalysisVertical Product DifferentiationMarket DesignIndustrial OrganizationMarket PowerMicroeconomicsPricing Policy
In a duopoly model with vertical differentiation, if the firms do not cover the market, the lower-quality firm chooses a quality level exactly 4/7 of that of the higher-quality firm and chooses a price that is 2/7 of the price of the higher-quality firm. Copyright 1992 by Blackwell Publishing Ltd.
| Year | Citations | |
|---|---|---|
Page 1
Page 1