Protection and the Product Line: Monopoly and Product Quality
نویسندگان
چکیده
منابع مشابه
Does Monopoly Undersupply Product Quality?¤
I investigate the behaviour of a multiproduct monopolist supplying vertically di®erentiated varieties of the same good. The discrete model adopted here allows to obtain a continuous model when, in the limit, the number of varieties becomes in ̄nitely large. The main ̄nding establishes that the tendency on the part of the monopolist to undersupply all qualities but the top one can take two alterna...
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It is well known that if a monopolist serving a market of substitute products can perfectly price discriminate, the socially optimal set of products (or ‘characteristics’) will be supplied. This follows since the profits of the perfectly discriminating monopolist are equal to the consumers’ surplus. Thus the monopolist will provide the product selection that maximizes consumers’ surplus [see Wh...
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چکیده ندارد.
Product Offerings and Product Line Length Dynamics∗
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ژورنال
عنوان ژورنال: International Economic Review
سال: 1990
ISSN: 0020-6598
DOI: 10.2307/2526630