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Measuring product diversity

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  • Gans, Joshua S.
  • Hill, Robert J.

Abstract

The diversity of a set can be defined as a function of the bilateral distances between the elements of the set. We show how the bilateral distances between products can be presented by parameters in a utility function.
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Suggested Citation

  • Gans, Joshua S. & Hill, Robert J., 1997. "Measuring product diversity," Economics Letters, Elsevier, vol. 55(1), pages 145-150, August.
    • Handle: RePEc:eee:ecolet:v:55:y:1997:i:1:p:145-150
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    References listed on IDEAS

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    Cited by:

    1. Christos Genakos & Andreas Lamprinidis & James Walker, 2023. "Evaluating merger effects," CEP Discussion Papers dp1921, Centre for Economic Performance, LSE.
    2. Christos Genakos & Andreas Lamprinidis & James Walker, 2023. "Evaluating merger effects," POID Working Papers 072, Centre for Economic Performance, LSE.
    3. Genakos, Christos & Lamprinidis, Andreas & Walker, James, 2023. "Evaluating merger effects," LSE Research Online Documents on Economics 121325, London School of Economics and Political Science, LSE Library.
    4. Bernhofen, Daniel M., 2001. "Measuring diversity in product space: the missing axiom," Economics Letters, Elsevier, vol. 70(1), pages 69-72, January.

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    More about this item

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality

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