Strategic product variety and quality choice

被引:4
|
作者
Granero, Lluis M. [1 ]
机构
[1] Univ Valencia, Dept Anal Econ, Avda Tarongers S-N, Valencia 46022, Spain
关键词
Product variety; Quality; Multi-product oligopoly; Spatial models; MONOPOLY; PRICE;
D O I
10.1016/j.econlet.2019.05.033
中图分类号
F [经济];
学科分类号
02 ;
摘要
We examine the linkages between strategic product assortment, quality choice, and pricing by multi-product firms as well as the welfare effects from those linkages. The analysis shows that strategic effects can lead to relevant inefficiencies. Specifically, the analysis identifies effects which can induce insufficient or excessive product quality relative to the socially optimal level of quality. (C) 2019 Elsevier B.V. All rights reserved.
引用
收藏
页码:10 / 14
页数:5
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