期刊
ECONOMICS LETTERS
卷 110, 期 3, 页码 174-177出版社
ELSEVIER SCIENCE SA
DOI: 10.1016/j.econlet.2010.11.031
关键词
Nonlinear pricing; Product differentiation; Competition intensity; Discrete model
类别
This paper develops a Hotelling model with discrete product and consumer types. We analyze the impact of horizontal differentiation (competition intensity) on relative prices. We find that the optimal price ratio of high- to low-quality products decreases with less competition. (C) 2010 Elsevier B.V. All rights reserved.
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