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Corrigendum to "Product Line Strategy within a Vertically Differentiated Duopoly" [Econom Lett.137 (2015) 114-117]

Author

Listed:
  • Ryoma Kitamura

    (Graduate School of Economics, Kwansei Gakuin University)

  • Tetsuya Shinkai

    (School of Economics, Kwansei Gakuin University)

Abstract

Kitamura and Shinkai (KS, (2015)) present Propositions 2 and 3 that characterize graphically rms product line strategies through the quality superiority and the relative cost efficiency ratios in a duopoly model in which rms with different costs supply two vertically differentiated products in the same market. However, we find some typos to be corrected in these propositions. The classification of product line strategy presented in Figure 1 in KS is correct. All other description in KS is also correct.

Suggested Citation

  • Ryoma Kitamura & Tetsuya Shinkai, 2015. "Corrigendum to "Product Line Strategy within a Vertically Differentiated Duopoly" [Econom Lett.137 (2015) 114-117]," Discussion Paper Series 134-2, School of Economics, Kwansei Gakuin University, revised Jan 2016.
  • Handle: RePEc:kgu:wpaper:134-2
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    More about this item

    Keywords

    Multi-product firm; Duopoly; Cannibalization; Vertical product differentiation;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality

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