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Product line design
Journal of Economic Theory . 2015. Vol. 157. P. 517-526.
Anderson S., Celik L.
Enlightening of the individual product demand functions. The equilibrium product line constitutes the highest upper envelope. In the generalized vertical differentiation framework, the first line and the best socially optimal line. Synthetic Cournot oligopoly.
Ivanova V., Ushchev P., / Высшая школа экономики. Series WP BRP "Economics/EC". 2015. No. WP BRP 99/EC/2015.
We develop a dynamic model of monopolistic competition which sheds light on how the interplay between the degree of product differentiation and intertemporal elasticity of substitution affects the steady-state market outcome. Consumers love variety and split their labor endowment between wage labor, which brings immediate income, and producing capital, which promises a rent in the ...
Added: October 10, 2015
Novikova O., Potapov D., Journal of Promotion Management 2018 Vol. 24 No. 1 P. 25-38
People are intent to make similar choices especially in consumer goods markets. To address both explanations of this persistence,
i.e. state dependence and heterogeneity in preferences, we use random coefficient logit model based on scanner panel data on
juice purchases. The product differentiation of the chosen category allows us to model three dimensions of state dependence on ...
Added: September 5, 2017
Lianos I., , in : Brands, Competition Law and IP. : Cambridge : Cambridge University Press, 2015.
The paper explores how EU competition law has integrated so far the concept of brands in different areas of enforcement. Although EU competition law has engaged in multiple instances with branding and product differentiation, brands do not yet constitute an operational concept in EU competition law. This is due to an important uncertainty as to ...
Added: February 17, 2015
Shimomura K., Thisse J., RAND Journal of Economics 2012 Vol. 43 No. 2 P. 329-347
Many industries are made of a few big firms, which are able to manipulate the market outcome, and of a host of small businesses, each of which has a negligible impact on the market. We provide a general equilibrium framework that encapsulates both market structures. Due to the higher toughness of competition, the entry of ...
Added: November 11, 2012
Novikova O. V., Potapov D., / Высшая школа экономики. Series MAN "Management". 2015. No. 48.
People are intent to make similar choices especially in consumer goods markets. To address both explanations of this persistence, i.e. state dependence and heterogeneity in preferences, we use random coefficient logit model based on scanner panel data on juice purchases. The product differentiation of the chosen category allows us to model three dimensions of state ...
Added: October 20, 2015
Cambridge : Cambridge University Press, 2015
Brands and brand management have become a central feature of the modern economy and a staple of business theory and business practice. Contrary to the law's conception of trademarks, brands are used to indicate far more than source and/or quality. This volume begins the process of broadening the legal understanding of brands by explaining what ...
Added: February 17, 2015
Iskakov M., Iskakov A., Aksenov P., / Высшая школа экономики. Series WP7 "Математические методы анализа решений в экономике, бизнесе и политике". 2011. No. 06.
We show that the classic Hotelling’s model of spatial competition between two players with linear transport costs (1929) has the price equilibrium solution for all locations under the assumption that duopolists secure themselves against being driven out of the market by ndercutting. In order to formalize this natural logic of player’s behavior we employ the ...
Added: December 25, 2012
Levina E., Pokatovich E., Современная конкуренция 2015 Т. 9 № 6 (54) С. 52-62
The paper analyzes oligopolistic competition in a market for a differentiated product. A comparative analysis of competition models by Cournot (output competition) and Bertrand (price competition) under prerequisites put forward by the authors shows that under Bertrand competition the price level will be lower. Whereas interrelation between firms output and profit is ambiguous (if goods ...
Added: March 14, 2016
Levina E., Pokatovich E., Современная конкуренция 2016 № 6 (60) С. 20-35
The paper is focused on nonlinear pricing, price discrimination and their implementation in actual markets. The introductory section uses simple examples to describe the basic notions and types of price discrimination. Section 2 reviews the main theories behind nonlinear pricing and summarizes the existing results with a focus on consumer choice for those consumers who ...
Added: March 13, 2017
Janssen M. C., T.Tony K., American Economic Journal: Microeconomics 2020 No. 12 P. 188-219
Since Telser (1960), there is a well-established argument that a competitive market will not provide service due to free-riding. We show that with search frictions, the market may well provide service if the cost of doing so is not too large. Any market equilibrium with service provision has two or more firms providing service, implying ...
Added: December 5, 2020
Rozanova N. M., Мигалев Я. А., AlterEconomics (ранее - Журнал экономической теории) 2015 № 1 С. 122-132
The article demonstrates a new approach to markets with product differentiation, that is of industrial design. Various concepts of industrial design as an effective instrument in modern competition are analysed. Factors of design competitiveness are shown. A Hotelling type model with industrial design is presented. It is concluded that using design as a tool of ...
Added: April 7, 2015