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題名 Nesting horizontal and vertical differentiation with location choices
作者 Guo, W.-C.;Lai, Fu-Chuan
賴孚權
貢獻者 財政系
關鍵詞 commodity market; consumption behavior; differentiation; game theory; numerical model; price dynamics
日期 2013-10
上傳時間 21-May-2015 15:59:36 (UTC+8)
摘要 This study solves a location-then-price game in which horizontal and vertical differentiation are combined using an asymmetric distribution of consumers` taste. Boundary locations are robust when the taste disparity of the population is not large and out-of-market locations are not allowed. Firms may have incentives to move either inside or outside the market in other situations, so the equilibrium prices are never differentiated. The restrictions of vertical differentiation under this framework are further examined. A model with the entrance of a vertically differentiated product is also discussed. © 2013 Wiley Publishing Asia Pty Ltd.
關聯 Pacific Economic Review, 18(4), 546-556
資料類型 article
DOI http://dx.doi.org/10.1111/1468-0106.12035
dc.contributor 財政系
dc.creator (作者) Guo, W.-C.;Lai, Fu-Chuan
dc.creator (作者) 賴孚權zh_TW
dc.date (日期) 2013-10
dc.date.accessioned 21-May-2015 15:59:36 (UTC+8)-
dc.date.available 21-May-2015 15:59:36 (UTC+8)-
dc.date.issued (上傳時間) 21-May-2015 15:59:36 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/75223-
dc.description.abstract (摘要) This study solves a location-then-price game in which horizontal and vertical differentiation are combined using an asymmetric distribution of consumers` taste. Boundary locations are robust when the taste disparity of the population is not large and out-of-market locations are not allowed. Firms may have incentives to move either inside or outside the market in other situations, so the equilibrium prices are never differentiated. The restrictions of vertical differentiation under this framework are further examined. A model with the entrance of a vertically differentiated product is also discussed. © 2013 Wiley Publishing Asia Pty Ltd.
dc.format.extent 246971 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Pacific Economic Review, 18(4), 546-556
dc.subject (關鍵詞) commodity market; consumption behavior; differentiation; game theory; numerical model; price dynamics
dc.title (題名) Nesting horizontal and vertical differentiation with location choices
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1111/1468-0106.12035
dc.doi.uri (DOI) http://dx.doi.org/10.1111/1468-0106.12035