Xu, Xu; Coatney, Kalyn T. - In: Journal of Economics and Business 77 (2015) C, pp. 1-15
We extend the differentiated product model, first developed by Bowley (1924), by relaxing the assumption that each firm produces only one differentiated product. By doing so, we are able to analyze the potential for collusive market segmentation in a two-stage decision framework, first in...
