Arbeitspapier
Endogenous Choice Between Horizontal and Vertical Product Differentiation
The endogenous choice between two alternative kinds of product differentiation is addressed in a duopoly model where firms are free to locate along the real axis, while consumers are distributed along a linear city of finite length. It turns out that the nature of differentiation may be heavily affected by the sequence of decisions. If firms simultaneously choose first locations and then prices, product differentiation at equilibrium is horizontal. If instead one firm acts as a Stackelberg leader in both stages, product differentiation at equilibrium is vertical.
- Language
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Englisch
- Bibliographic citation
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Series: Quaderni - Working Paper DSE ; No. 171
- Classification
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Wirtschaft
Oligopoly and Other Imperfect Markets
- Event
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Geistige Schöpfung
- (who)
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Lambertini, Luca
- Event
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Veröffentlichung
- (who)
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Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
- (where)
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Bologna
- (when)
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1993
- DOI
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doi:10.6092/unibo/amsacta/5186
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Lambertini, Luca
- Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
Time of origin
- 1993
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Vertical Product Differentiation; Some More General Results
Trade Liberalization May Be Harmful under Endogenous Differentiation
The Multiproduct Monopolist Under Vertical Differentiation: an Inductive Approach
Product Innovation Under Vertical Differentiation and the Persistence of Monopoly
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Market integration, the Specialization of Production and Labour Mobility Under Endogenous Differentiation
Vertical Differentiation and Import Reducing Tariff
Dynamic Advertising under Vertical Product Differentiation
On the Dichotomy between Horizontal and Vertical Product Differentiation
Dynamic Duopoly with Vertical Differentiation
Intraindustry Trade Under Vertical Product Differentiation
Stackelberg equilibria and horizontal differentiation
Vertical Product Differentiation; Some More General Results
Trade Liberalization May Be Harmful under Endogenous Differentiation
The Multiproduct Monopolist Under Vertical Differentiation: an Inductive Approach
Product Innovation Under Vertical Differentiation and the Persistence of Monopoly
Cartel Stability Under Vertical Differentiation and Convex costs: Bertrand vs Cournot
Market integration, the Specialization of Production and Labour Mobility Under Endogenous Differentiation
Vertical Differentiation and Import Reducing Tariff