Standardization Versus Preference For Variety In Linear Cournot Oligopoly
AbstractWe consider a Cournot oligopoly setting in which consumers have an intrinsic preference for variety, while unit production costs of firms increase with the number of goods they produce. This environment exhibits a general under-provision of variety with respect to social welfare.
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Bibliographic InfoPaper provided by HAL in its series Working Papers with number halshs-00353816.
Date of creation: 01 Jun 2007
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Standardization; Preference for Variety; Oligopoly;
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