Author: Walter James LanePublisher:
ISBN:
Category : Industrial location
Languages : en
Pages : 410
Book Description
Product Differentiation in a Market with Endogenous Sequential Entry
Author: Walter James LanePublisher:
ISBN:
Category : Industrial location
Languages : en
Pages : 410
Book Description
Product differentiation in a market with endogenous sequential entry
Author: Walter James Lane jr.Publisher:
ISBN:
Category :
Languages : en
Pages : 190
Book Description
The Economic Theory of Product Differentiation
Author: John BeathPublisher: Cambridge University Press
ISBN: 9780521335522
Category : Business & Economics
Languages : en
Pages : 220
Book Description
There are few industries in modern market economies that do not manufacture differentiated products. This book provides a systematic explanation and analysis of the widespread prevalence of this important category of products. The authors concentrate on models in which product selection is endogenous. In the first four chapters they consider models that try to predict the level of product differentiation that would emerge in situations of market equilibrium. These market equilibria with differentiated products are characterised and then compared with social welfare optima. Particular attention is paid to the distinction between horizontal and vertical differentiation as well as to the related issues of product quality and durability. This book brings together the most important theoretical contributions to these topics in a succinct and coherent manner. One of its major strengths is the way in which it carefully sets out the basic intuition behind the formal results. It will be useful to advanced undergraduate and graduate students taking courses in industrial economics and microeconomic theory.
Endogenous Product Differentiation, Market Size and Prices
Author: Shon M. FergusonPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
This paper provides a framework to understand how market size affects firms' investments in product differentiation in a model of monopolistic competition. The theory proposes that consumers' love of variety makes them more sensitive to product differentiation efforts by firms, which leads to more differentiated products in larger markets. The framework also predicts an inverted -shaped effect of trade liberalization on product differentiation, with trade liberalization leading to more differentiated products when starting from autarky but then leading to less differentiated products as the countries approach free trade.
Market Entry and Roll-out with Product Differentiation
Author: Paul LevinePublisher:
ISBN:
Category : New products
Languages : en
Pages : 32
Book Description
Endogenous Product Differentiation, Market Size and Prices
Author: Shon FergusonSequential entry and choice of technique in a market for differentiated products
Author: Norbert SchulzNew Developments in the Analysis of Market Structure
Author: International Economic AssociationPublisher: MIT Press
ISBN: 9780262690935
Category : Business & Economics
Languages : en
Pages : 588
Book Description
These contributions discuss a number of important developments over the past decade in a newly established and important field of economics that have led to notable changes in views on governmental competition policies. They focus on the nature and role of competition and other determinants of market structures, such as numbers of firms and barriers to entry; other factors which determine the effective degree of competition in the market; the influence of major firms (especially when these pursue objectives other than profit maximization); and decentralization and coordination under control relationships other than markets and hierarchies.ContributorsJoseph E. Stiglitz, G. C. Archibald, B. C. Eaton, R. G. Lipsey, David Enaoua, Paul Geroski, Alexis Jacquemin, Richard J. Gilbert, Reinhard Selten, Oliver E. Williamson, Jerry R. Green, G. Frank Mathewson, R. A. Winter, C. d'Aspremont, J. Jaskold Gabszewicz, Steven Salop, Branko Horvat, Z. Roman, W. J. Baumol, J. C. Panzar, R. D. Willig, Richard Schmalensee, Richard Nelson, Michael Scence, and Partha Dasgupta
Research Handbook on the Economics of Intellectual Property Law
Author: Ben DepoorterPublisher: Edward Elgar Publishing
ISBN: 1789903998
Category : Law
Languages : en
Pages : 1504
Book Description
Both law and economics and intellectual property law have expanded dramatically in tandem over recent decades. This field-defining two-volume Handbook, featuring the leading legal, empirical, and law and economics scholars studying intellectual property rights, provides wide-ranging and in-depth analysis both of the economic theory underpinning intellectual property law, and the use of analytical methods to study it.
Author: John Beath