Breadth, Depth, and Competition

نویسندگان

  • Heski Bar-Isaac
  • Alexei Alexandrov
  • John Asker
  • Luis Cabral
  • Ignacio Esponda
  • Andrea Prat
چکیده

We consider the trade-offs in the choice between depth (a narrow high quality position) and breadth (a wide low quality range). In particular, the extent of depth or breadth in a market can be non-monotonic in the strength of competition.

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تاریخ انتشار 2007