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We examine markets where, in addition to production of standard (core) products, mass customization is technologically feasible. We compare a setting where a monopolist provides both standard and custom goods to a setting where an entrant joins the custom market, and find customers' tastes...
Persistent link: https://www.econbiz.de/10010278087
We examine a three-stage game in which duopolists face a random demand intercept. The firms first choose capacities, then decide whether to commit to share the private information they will receive about the intercept. After the private information is observed, firms choose output levels....
Persistent link: https://www.econbiz.de/10010278960
Persistent link: https://www.econbiz.de/10012235119