Quality Choice in Models of Vertical Differentiation

In this paper, we consider a duopoly model of vertical product differentiation. Firms choose simultanously the quality of the product they sell and then compete in prices simultaneously. We offer the complete characterization of quality choices for this model and thereby give a precise content to the " principle of differentiation " in models of vertical product differentiation.

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Year of publication:	1994-10-01
Authors:	Wauthy, X.
Institutions:	Institut de Recherche Économique et Sociale (IRES), École des Sciences Économiques de Louvain

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Series:	Discussion Papers (IRES - Institut de Recherches Economiques et Sociales).
Type of publication:	Book / Working Paper
Notes:	The text is part of a series UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Recherches Economiques et Sociales (IRES) Number 1994033 1 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004985303