Quality choice in models of vertical differentiation

被引:151
作者
Wauthy, X [1 ]
机构
[1] UNIV LIMBURG,NL-6200 MD MAASTRICHT,NETHERLANDS
关键词
D O I
10.2307/2950501
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
In this note, we offer the complete characterization of quality choices in a duopoly model of vertical product differentiation where firms simultaneously choose the quality of the product and then compete in prices. We thereby give precise content to the ''principle of differentiation'' in models of vertical product differentiation, which completes and amends previous results on the subject.
引用
收藏
页码:345 / 353
页数:9
相关论文
共 5 条