Quality Choice in Models of Vertical Differentiation
AbstractIn this note, the author offers the complete characterization of quality choices in a duopoly model of vertical product differentiation where firms simultaneously choose the quality of the product and then compete in prices. He thereby gives precise content to the 'principle of differentiation' in models of vertical product differentiation, which completes and amends previous results on the subject. Copyright 1996 by Blackwell Publishing Ltd.
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Journal of Industrial Economics.
Volume (Year): 44 (1996)
Issue (Month): 3 (September)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0022-1821
Other versions of this item:
- Wauthy, X., 1994. "Quality Choice in Models of Vertical Differentiation," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 1994033, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
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