Horn, Henrick; Shy, Oz - In: International Economic Review 37 (1996) 1, pp. 51-69
This paper shows how firms, by bundling their products with nontradables, may contribute to the segmentation of international oligopoly markets. The authors develop a simple example with two products: one that is homogeneous across markets and one that is bundled with a nontradable, e.g., local...