competition between products, and the external competition between firms. Bad timing is often mentioned as one of the main reasons … upward line extension under competition and consumer taste uncertainty. The firm can either act early, at which point … advantage is based on both firms' expected marginal revenues of capacity allocation, considering the internal competition …

” (perceived quality of the random product becomes decreasing in consumer type at the competition margin), which increases the …

before the merger. While the low-variety target's stores reduced the depth of their assortment when in direct competition … chains’ response to changes in local competition. …