This research paper investigates a duopolistic market characterized by vertical product differentiation. The study considers both product qualities and consumer preferences …
YL Cheng, SK Peng - Journal of Economics, 2014 - Springer
This paper examines a two-stage competition where firms simultaneously choose the number of products and qualities in the first stage, and then compete in prices. It is shown …
Hotels want to provide the best service to its customers, making them feel unique, and adding value and self-fulfilment to their lives. These requirements demand high performance …
In this article we study patterns of vertical product differentiation in a multi-product monopoly using a random utility model. Prior research shows that applying such a model in a multi …
D Bernhardt, B Graham - The BE Journal of Theoretical Economics, 2015 - degruyter.com
We develop a spatial model in which consumers receive firm-specific location shocks and firms endogenously determine both franchise/product locations and prices. Remarkably …
The aviation industry, just as many other industries, is characterised by a large degree of product differentiation between airlines as well as a large variety in fare types per airline. In …
S Müller, G Götz - cege Discussion Papers, 2014 - papers.ssrn.com
In this paper, we study the rational for an incumbent to launch a second brand when facing potential entry in a market with quality differentiated products and a fringe producer …
The objective of this paper is to explain strategic product choices by firms in oligopoly when they can produce several versions of a product such as electronics with different sizes in …
Essays on Energy Efficiency and Pricing Behavior in the US Automobile Market: Evidence from Hybrid Electric Vehicles Page 1 University of Tennessee, Knoxville TRACE …