The aim of this paper is to investigate a vertically differentiated market served either by a multiproduct monopolist or by duopolists, in which a public authority aiming at increasing the welfare level can choose among two instruments, namely, quality taxation/subsidization, and minimum quality...

Il lavoro illustra il pensiero dell'economista romagnolo Angelo Marescotti (1815-1892) relativo al processo di sviluppo delle industrie italiane e propone una rilettura delle tesi di Marescotti sull'innovazione e sul processo concorrenziale. Dall'analisi dei suoi testi emerge la proposta di una...

We revisit the Cournot-Bertrand debate in the light of Cournot (1863), Edgeworth (1881, 1897) and Launhardt (1885), tracing back to Launhardt the origin of price competition in duopoly models. Then, we discuss the formalization of consumer utility function for differentiated products, first...