Arbeitspapier
Product Differentiation with Multiple Qualities
We study subgame-perfect equilibria of the classical quality-price, multistage game of vertical product differentiation. Each firm can choose the levels of an arbitrary number of qualities. Consumers' valuations are drawn from independent and general distributions. The unit cost of production is increasing and convex in qualities. We characterize equilibrium prices, and the equilibrium effects of qualities on the rival's price in the general model. We present necessary and sufficient conditions for equilibrium differentiation in any of the qualities.
- Sprache
-
Englisch
- Erschienen in
-
Series: Quaderni - Working Paper DSE ; No. 1075
- Klassifikation
-
Wirtschaft
Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection
Oligopoly and Other Imperfect Markets
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Barigozzi, Francesca
Ma, Ching-to Albert
- Ereignis
-
Veröffentlichung
- (wer)
-
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
- (wo)
-
Bologna
- (wann)
-
2016
- DOI
-
doi:10.6092/unibo/amsacta/5407
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Barigozzi, Francesca
- Ma, Ching-to Albert
- Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
Entstanden
- 2016
Ähnliche Objekte (12)
Delegation and Product Differentiation
Innovation and Product Differentiation
Tacit Collusion and Product Differentiation
Input specificity and product differentiation
Product Differentiation and Competitive Selection
How to measure product differentiation
The influence of product liability on vertical product differentiation
The Influence of Product Liability on Vertical Product Differentiation
The introduction of new product qualities by incumbent firms: market proliferation versus cannibalization
Balassa-Samuelson, product differentiation and transition
Dynamic Advertising under Vertical Product Differentiation
Intraindustry Trade Under Vertical Product Differentiation
Delegation and Product Differentiation
Innovation and Product Differentiation
Tacit Collusion and Product Differentiation
Input specificity and product differentiation
Product Differentiation and Competitive Selection
How to measure product differentiation
The influence of product liability on vertical product differentiation
The Influence of Product Liability on Vertical Product Differentiation
The introduction of new product qualities by incumbent firms: market proliferation versus cannibalization
Balassa-Samuelson, product differentiation and transition
Dynamic Advertising under Vertical Product Differentiation
Intraindustry Trade Under Vertical Product Differentiation
Delegation and Product Differentiation
Innovation and Product Differentiation
Tacit Collusion and Product Differentiation
Input specificity and product differentiation
Product Differentiation and Competitive Selection
How to measure product differentiation
The influence of product liability on vertical product differentiation
The Influence of Product Liability on Vertical Product Differentiation
The introduction of new product qualities by incumbent firms: market proliferation versus cannibalization
Balassa-Samuelson, product differentiation and transition
Dynamic Advertising under Vertical Product Differentiation