Quality Choice, Fixed Costs and Equilibrium in Models of Vertical Differentiation
نویسندگان
چکیده
منابع مشابه
Quality Choice, Fixed Costs and Equilibrium in Models of Vertical Differentiation
I provide a full characterization of the quality choice in duopolies with vertical differentiation, without assuming ex-ante if the market is fully covered or not. This will allow to show that covered or uncovered market configurations are endogenous outcomes of firms’ strategic interaction. To this purpose, I assume that firms are characterized by quadratic fixed costs of quality improvements ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2000
ISSN: 1556-5068
DOI: 10.2139/ssrn.1416583