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This paper introduces a number of game-theoretic tools to model collusive agreements among firms in vertically differentiated markets. I firstly review some classical literature on collusion between two firms producing goods of exogenous different qualities. I then extend the analysis to a...
Persistent link: https://www.econbiz.de/10011660599
We study mass customization in a duopoly game in which the firms' products have different qualities. Whether customization choices are made simultaneously or sequentially is endogenously determined. Specifically, the customization stage of the game involves two periods. Each firm either selects...
Persistent link: https://www.econbiz.de/10014045217
strategies (most likely with digital products) and quantity competition (capacity decisions for physical products). Based on … 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 …
Persistent link: https://www.econbiz.de/10010509336
We consider the spatial competition between two traditional physical (or offline) retailers and an Internet (or online …
Persistent link: https://www.econbiz.de/10012024739
Persistent link: https://www.econbiz.de/10012298697
In a model of vertical product differentiation, duopolistic firms face quality-dependent 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/10014063250
strategies (most likely with digital products) and quantity competition (capacity decisions for physical products). Based on … 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 …
Persistent link: https://www.econbiz.de/10010300398
Persistent link: https://www.econbiz.de/10001732962
We model competition on a credence market governed by an imperfect label, signaling high quality, as a rank … of the introduced theory are applicable to several (credence-good) industries which employ labels or rankings, including …
Persistent link: https://www.econbiz.de/10014336462
-two firm case the CV-parameter is shown to cover the full range of possible outcomes - from Bertrand competition to joint …
Persistent link: https://www.econbiz.de/10011491765