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Multiproduct Firms and Product Differentiation: a Survey

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  • Manez, J.A.
  • Waterson, M.

Abstract

We start the survey by reviewing the implications of horizontal and vertical product differentiation on market structure under the assumption of single-product firms. Then, we analyze the main results of the multi-product firm models, both when variants are assumed differentiated in vertical attributes only and when variants are assumed differentiated in two dimensions (vertical and horizontal). Finally, we review the empirical literature about the discrete-choice models of product differention.

Suggested Citation

  • Manez, J.A. & Waterson, M., 2001. "Multiproduct Firms and Product Differentiation: a Survey," The Warwick Economics Research Paper Series (TWERPS) 594, University of Warwick, Department of Economics.
  • Handle: RePEc:wrk:warwec:594
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    File URL: https://www2.warwick.ac.uk/fac/soc/economics/research/workingpapers/2008/twerp594.pdf
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Bar-Isaac, Heski, 2009. "Breadth, depth, and competition," Economics Letters, Elsevier, vol. 103(2), pages 110-112, May.
    2. Blanchard, Pierre & Gaigné, Carl & Mathieu, Claude, 2012. "Trade costs and international strategy of firms: The role of endogenous product differentiation," Regional Science and Urban Economics, Elsevier, vol. 42(6), pages 1023-1036.
    3. Nan Xia & S. Rajagopalan, 2009. "Standard vs. Custom Products: Variety, Lead Time, and Price Competition," Marketing Science, INFORMS, vol. 28(5), pages 887-900, 09-10.
    4. Fabian Bergès & Philippe Bontems & Vincent Réquillart, 2009. "L'impact économique du développement des marques de distributeurs," Economie & Prévision, La Documentation Française, vol. 0(3), pages 41-56.
    5. Pierre Blanchard & Carl Gaigné & Claude Mathieu, 2010. "The International Strategy of Firms: the Role of Endogenous Product Differentiation," Working Papers SMART - LERECO 10-02, INRA UMR SMART-LERECO.
    6. Hoffmann, Ruben, 2006. "Quality policy, market structure and investment behavior in the food marketing chain," Department of Economics publications 1117, Swedish University of Agricultural Sciences, Department of Economics.
    7. Rhodes, Andrew & Zhou, Jidong, 2016. "Consumer Search and Retail Market Structure," MPRA Paper 69484, University Library of Munich, Germany.
    8. Paul Bijl & Martin Peitz, 2009. "Access regulation and the adoption of VoIP," Journal of Regulatory Economics, Springer, vol. 35(2), pages 111-134, April.
    9. Alexander Konovalov & Zsolt Sándor, 2010. "On price equilibrium with multi-product firms," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 44(2), pages 271-292, August.

    More about this item

    Keywords

    COMPETITION ; MARKET ; PRODUCTION DIVERSIFICATION;

    JEL classification:

    • D49 - Microeconomics - - Market Structure, Pricing, and Design - - - Other
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce

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