Please use this identifier to cite or link to this item:
https://ah.lib.nccu.edu.tw/handle/140.119/75223
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: | 十月-2013 | 上傳時間: | 21-五月-2015 | 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 |
Appears in Collections: | 期刊論文 |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
546-556.pdf | 241.18 kB | Adobe PDF2 | View/Open |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.