Product Differentiation in a Market with Endogenous Sequential Entry
Title | Product Differentiation in a Market with Endogenous Sequential Entry PDF eBook |
Author | Walter James Lane |
Publisher | |
Pages | 410 |
Release | 1978 |
Genre | Industrial location |
ISBN |
Product differentiation in a market with endogenous sequential entry
Title | Product differentiation in a market with endogenous sequential entry PDF eBook |
Author | Walter James Lane jr. |
Publisher | |
Pages | 190 |
Release | 1978 |
Genre | |
ISBN |
The Economic Theory of Product Differentiation
Title | The Economic Theory of Product Differentiation PDF eBook |
Author | John Beath |
Publisher | Cambridge University Press |
Pages | 220 |
Release | 1991-02-22 |
Genre | Business & Economics |
ISBN | 9780521335522 |
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
Title | Endogenous Product Differentiation, Market Size and Prices PDF eBook |
Author | Shon M. Ferguson |
Publisher | |
Pages | 0 |
Release | 2015 |
Genre | |
ISBN |
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
Title | Market Entry and Roll-out with Product Differentiation PDF eBook |
Author | Paul Levine |
Publisher | |
Pages | 32 |
Release | 2002 |
Genre | New products |
ISBN |
Endogenous Product Differentiation, Market Size and Prices
Title | Endogenous Product Differentiation, Market Size and Prices PDF eBook |
Author | Shon Ferguson |
Publisher | |
Pages | |
Release | 2010 |
Genre | |
ISBN |
Sequential entry and choice of technique in a market for differentiated products
Title | Sequential entry and choice of technique in a market for differentiated products PDF eBook |
Author | Norbert Schulz |
Publisher | |
Pages | 29 |
Release | 1991 |
Genre | |
ISBN |