Narrow search
Showing 1 - 10 of 12,600
Cover Image
International Coordination of Quality Standards and Vertical Product Differentiation
Lutz, Stefan - 2003
I study the influence of minimum quality standards in a partial-equilibrium model of vertical product differentiation and trade in which duopolistic firms face quality-dependent costs and compete in quality and price in two segmented markets. Three alternative standard setting arrangements are...
Persistent link: https://www.econbiz.de/10010297292
Cover Image
Mutual Recognition of National Minimum Quality Standards may Support International Convergence
Lutz, Stefan - 2003
In a model of vertical product differentiation, duopolistic firms face qualitydependent costs and compete in quality and price in two segmented markets. Minimum quality standards, set according to the principle of Mutual Recognition, can be used to increase welfare. The results of the one-shot...
Persistent link: https://www.econbiz.de/10010298134
Cover Image
Electronic coordination in oligopolistic markets: Impact on transport costs and product differentiation
Bandulet, Martin; Morasch, Karl - 2002
Produktdifferenzierung eigentlich erhöhen. Wir analysieren die Interaktion der Investitionsentscheidungen in transportkostensenkende … elektronische Koordination und in verstärkte Produktdifferenzierung in einem Duopol mit räumlich getrennten Märkten. Wir zeigen … Parameterbereiche existieren in denen die Unternehmen nach einer exogenen Senkung der Transportkosten die Produktdifferenzierung …
Persistent link: https://www.econbiz.de/10010300398
Cover Image
Bertrand and price-taking equilibria in markets with product differentiation
Coloma, Germán - 2008
In this paper we show that a homogeneous-product market with multiple Bertrand equilibria becomes a market with a single Bertrand equilibrium when we introduce a small degree of product differentiation. When differentiation tends to zero, that Bertrand equilibrium converges to the unique...
Persistent link: https://www.econbiz.de/10010323325
Cover Image
Tainted Food, Low-Quality Products and Trade
Viaene, Jean-Marie; Zhao, Laixun - 2010
This paper examines international trade in tainted food and other low-quality products. Wefirst find that for a large class of environments, free trade is the trading system that conveysthe highest incentives to produce non-tainted high-quality goods by foreign exporters.However, free trade...
Persistent link: https://www.econbiz.de/10010325688
Cover Image
Capacity Choice under Uncertainty with Product Differentiation
Behrens, Christiaan; Lijesen, Mark - 2012
This article analyses the capacity-then-price game for a duopoly market. We add to the literature by explicitly taking product differentiation into account. We study the impact of capacity costs, demand uncertainty, and vertical and horizontal product differentiation on equilibrium capacities,...
Persistent link: https://www.econbiz.de/10010326472
Cover Image
Environmental Quality in a Differentiated Duopoly
Farzin, Y. Hossein; Akao, Ken-Ichi - 2006
In a duopoly industry with environmentally differentiated products, we examine the effects of introducing a mandatory environmental quality standard on firms' environmental quality choices, profits, and the average environmental quality offered by the industry. We show that at low standard...
Persistent link: https://www.econbiz.de/10010333078
Cover Image
Consumer Loss Aversion and the Intensity of Competition
Karle, Heiko; Peitz, Martin - 2010
Consider a differentiated product market in which all consumers are fully informed about match value and price at the time they make their purchasing decision. Initially, consumers become informed about the prices of all products in the market but do not know the match values. Some consumers...
Persistent link: https://www.econbiz.de/10010333807
Cover Image
Information acquisition and strategic disclosure in oligopoly
Jansen, Jos - 2007
I study the incentives of oligopolists to acquire and disclose information on a common demand intercept. Since firms may fail to acquire information even when they invest in information acquisition, firms can credibly conceal unfavorable news while disclosing favorable news. Firms may earn...
Persistent link: https://www.econbiz.de/10010264821
Cover Image
Timing of technology adoption and product market competition
Milliou, Chrysovalantou; Petrakis, Emmanuel - 2009
This paper examines how product market competition affects firms' timing of adopting a new technology as well as whether the market provides sufficient adoption incentives. It shows that adoption dates differ not only among symmetric firms but also among markets with Cournot and Bertrand...
Persistent link: https://www.econbiz.de/10010265992