Loginova, Oksana; Wang, X. Henry - University of Missouri; University of Missouri - 2008
most preferred variety and aquality valuation. Customization provides ideal varieties but has noeffect on product qualities … either both firms customize, only the higher quality firmcustomizes, or no firm customizes. Even if customization is costless … welfare changeswith the fixed cost of customization. Interestingly, the relationship isnot always monotonic. Contrasting with …