Structural Implications And Estimation Of Vertical Product Differentiation

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Structural Implications And Estimation Of Vertical Product Differentiation

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Author : Paul Richard Messinger
language : en
Publisher:
Release Date : 1988

Structural Implications And Estimation Of Vertical Product Differentiation written by Paul Richard Messinger and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with categories.

The Economic Theory Of Product Differentiation

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Author : John Beath
language : en
Publisher: Cambridge University Press
Release Date : 1991-02-22

The Economic Theory Of Product Differentiation written by John Beath and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-02-22 with Business & Economics categories.

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.

Vertical Product Differentiation And Competition In The Supermarket Industry

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Author : Paul Bryan Ellickson
language : en
Publisher:
Release Date : 2000

Vertical Product Differentiation And Competition In The Supermarket Industry written by Paul Bryan Ellickson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.

Product Differentiation And Industrial Structure

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Author : Avner Shaked
language : en
Publisher:
Release Date : 1985

Product Differentiation And Industrial Structure written by Avner Shaked and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Diversification in industry categories.

Essays On Vertical Product Differentiation

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Author : Yong-Hwan Noh
language : en
Publisher:
Release Date : 2005

Essays On Vertical Product Differentiation written by Yong-Hwan Noh and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with categories.

This dissertation explores models of heterogeneous product markets that rely on the "vertical product differentiation" formulation. The demand structure applied here is the covered-market configuration under the vertical product differentiation. With this specification, product market equilibria of the monopoly and duopoly market are derived. In particular, parameter restrictions on the degree of relative consumer heterogeneity associated with the covered-market setting are identified and used to interpret analytical results. Based on the specified demand structure, I revisit two industrial organization topics from the perspectives of vertical product differentiation. The first essay analyzes the entry of a new product into a vertically differentiated market where an entrant and an incumbent compete in prices. Many models on strategic entry deterrence deal with "limit quantities" as the established firm's strategic tool to deter or accommodate entry. Here, however, the entry-deterrence strategies of the incumbent firm rely on "limit qualities". With a sequential choice of quality, quality-dependent marginal production cost, and a fixed entry cost, I relate the entry-quality decision and the entry-deterrence strategies to the level of an entry cost and the degree of consumer heterogeneity. In particular, the incumbent influences the quality choice of the entrant by choosing its quality level before the entrant. This allows the incumbent to "limit" the entrant's entry decision and quality levels. Quality-dependent marginal production costs in the model entail the possibility of inferior-quality entry as well as the incumbent's aggressive entry-deterrence strategies by increasing its quality level towards potential entry. Welfare evaluation confirms that social welfare is not necessarily improved when entry is encouraged rather than deterred. The second essay is motivated by some specific economic questions that have arisen with the introduction of 'genetically modified' (GM) agricultural products. A duopoly market-entry model associated with the vertical product differentiation is developed to show how the existence of segregation costs biases the firm's quality choice behavior. Thus, the key factor of the model is the cost of segregation activities that are necessary to distinguish GM products from non-GM products. With an increasing and convex cost of quality, the model predicts that the entrant firm has an increased incentive to enter the market with a low-quality good to reduce production costs if segregation costs are sufficiently high. When consumers are homogeneous enough, however, entry may occur with the high-quality good.

Dissertation Abstracts International

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Author :
language : en
Publisher:
Release Date : 2005

Dissertation Abstracts International written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Dissertations, Academic categories.

Vertical Product Differentiation And North South Trade

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Author : Harry Flam
language : en
Publisher:
Release Date : 1987

Vertical Product Differentiation And North South Trade written by Harry Flam and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with categories.

Vertical Product Differentiation Quality Standards And International Trade Policy

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Author : Stefan Lutz (conseiller fiscal)
language : en
Publisher:
Release Date : 1996

Vertical Product Differentiation Quality Standards And International Trade Policy written by Stefan Lutz (conseiller fiscal) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with categories.

Vertical Product Differentiation And Entry Difference

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Author : Stefan Lutz
language : en
Publisher:
Release Date : 1996

Vertical Product Differentiation And Entry Difference written by Stefan Lutz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with categories.

Vertical Product Differentiation When Quality Is Unobservable To Buyers

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Author :
language : en
Publisher:
Release Date : 2004

Vertical Product Differentiation When Quality Is Unobservable To Buyers written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.