Product Range and Interfirm Competition
We develop a simple model in which there is both interfirm (or intraproduct) and intrafirm (or interproduct) competition. The purpose is to develop a classificatoy framework in order to understand product-range or diversification decisions alongside conventional competition. The equilibrium outcomes commonly involve a limited range of the available goods being produced. Deterrence equilibria and other strategic actions are also examined. Copyright 1996 The Massachusetts Institute of Technology.
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Volume (Year): 5 (1996)
Issue (Month): 3 (09)
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