Arbeitspapier
Firm Size and Diversification: Asymmetric Multiproduct Firms under Cournot Competition
A positive relationship between firm size and product diversification is a long-standing stylized fact. However, so far there is no appropriate theoretical model to explain the underlying forces of this observation. This paper analyzes an oligopoly model with asymmetric multiproduct frms, which is capable of addressing this issue. The model suggests that intangible assets of firms, which affect marginal costs or perceived quality of goods within a firm's product line, play a key role for the empirical regularity that larger firms are more diversified.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 1047
- Klassifikation
-
Wirtschaft
- Thema
-
asymmetric equilibrium
diversification
firm size
intangible assets
multiproduct firms
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Grossmann, Volker
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 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
- Grossmann, Volker
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2003
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