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The Economics Of Product Differentiation
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Book Synopsis The Economic Theory of Product Differentiation by : John Beath
Download or read book The Economic Theory of Product Differentiation written by John Beath and published by Cambridge University Press. This book was released on 1991-02-22 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are few industries in modern market economies that do not manufacture differentiated products. This book provides a systematic explanation and analysis of the widespread prevalence of this important category of products. The authors concentrate on models in which product selection is endogenous. In the first four chapters they consider models that try to predict the level of product differentiation that would emerge in situations of market equilibrium. These market equilibria with differentiated products are characterised and then compared with social welfare optima. Particular attention is paid to the distinction between horizontal and vertical differentiation as well as to the related issues of product quality and durability. This book brings together the most important theoretical contributions to these topics in a succinct and coherent manner. One of its major strengths is the way in which it carefully sets out the basic intuition behind the formal results. It will be useful to advanced undergraduate and graduate students taking courses in industrial economics and microeconomic theory.
Book Synopsis Discrete Choice Theory of Product Differentiation by : Simon P. Anderson
Download or read book Discrete Choice Theory of Product Differentiation written by Simon P. Anderson and published by MIT Press. This book was released on 1992 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The discrete choice approach provides an ideal framework for describing the demands for differentiated products and can be used for studying most product differentiation models in the literature. By introducing extra dimensions of product heterogeneity, the framework also provides richer models of firm location and product selection."--BOOK JACKET.
Book Synopsis The Economics of Product Differentiation by : Jacques François Thisse
Download or read book The Economics of Product Differentiation written by Jacques François Thisse and published by . This book was released on 1994 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economics of Product Differentiation ... by :
Download or read book Economics of Product Differentiation ... written by and published by . This book was released on 1994 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economics of Product Differentiation by :
Download or read book The Economics of Product Differentiation written by and published by . This book was released on 1994 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Intellectual Property and the Economics of Product Differentiation by : Christopher S. Yoo
Download or read book Intellectual Property and the Economics of Product Differentiation written by Christopher S. Yoo and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The literature applying the economics of product differentiation to intellectual property has been called the most important development in the economic analysis of IP in years. Relaxing the assumption that products are homogeneous yields new insights by explaining persistent features of IP markets that the traditional approaches cannot, challenging the extent to which IP allows rightsholders to earn monopoly profits, allowing for sources of welfare outside of price-quantity space, which in turn opens up new dimensions along which intellectual property can compete. It also allows for equilibria with different welfare characteristics, making the tendency towards systematic underproduction more contingent and suggesting a broader range of policy options for promoting optimality. This Chapter reviews the economics of product differentiation, examining both the monopolistic competition and spatial competition lines of this scholarship. It then surveys the literature applying these approaches to patent, copyright, and trademark.
Book Synopsis The Economics of Vertically Differentiated Markets by : Luca Lambertini
Download or read book The Economics of Vertically Differentiated Markets written by Luca Lambertini and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This is a high-quality book on an important and central topic in the theory of industrial organisation. It is a cohesive and extremely well written volume which is destined to become a standard work on the subject.' - Mark Casson, University of Reading, UK This original new book offers a comprehensive and engaging perspective on the theory of vertical differentiation. It enables the reader to grasp the key concepts and effects that product quality has both on firms' behaviour and market structure, and the ways in which this relationship has evolved. With contributions from prominent figures in the field, the book investigates a number of important topics, such as the choice of the optimal product range, profit sharing, the existence of equilibrium in duopoly games, positional effects attached to status goods, international trade, collusion, advertising and the dynamics of capital accumulation for quality improvement and product innovation. Using both static and dynamic approaches, these aspects are assessed in relation to the manifold issues of regulation, competition policy and trade policy. Product differentiation and its influence on consumer behaviour and the performance of firms is a core topic in the existing literature in the fields of industrial organization, international trade and economic growth. This book will be an essential read for researchers, students and professional scholars working in these areas, especially those with an interest in antitrust regulation.
Book Synopsis The Economics of Product Differentiation by : Ross Stewart Wildes
Download or read book The Economics of Product Differentiation written by Ross Stewart Wildes and published by . This book was released on 2001 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Intra-industry Trade by : Peter John Lloyd
Download or read book Intra-industry Trade written by Peter John Lloyd and published by Edward Elgar Publishing. This book was released on 2003 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative new collection presents a selection of previously published seminal articles that have led to the development of intra-industry trade theory and empirical research. Parts I and II cover the pioneering research in the 1960s and a number of models of intra-industry trade that were developed from 1979 to the present day. Parts III and IV look at the empirical research problems in the choice of measure of intra-industry trade and empirical studies that seek to identify the nature of this trade. Part V deals with the role of the multinational corporation and part VI completes the collection with articles that look at extensions to asset markets and applications to other problems such as the geography of trade and rules of origin. Intra-Industry Trade will be an invaluable source of reference to all international trade economists and libraries specialising in this area.
Book Synopsis Advances in Mathematical Economics by : Shigeo Kusuoka
Download or read book Advances in Mathematical Economics written by Shigeo Kusuoka and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of asymmetric information in allocation of resources, together with the associated information-revelation process, has long been a central focus of economic research. While the bulk of the literature addresses these is sues within the framework of principal-agent relationship, which essentially reduces the problem to the sole principal's (the sole Stackelberg leader's) optimization problem subject to the agents' (the Stackelberg followers') re sponses, there are recent attempts to extend analysis to other economic setups characterized by different relationships among decision-makers. A notable strand of such attempts is the core analysis of incomplete in formation. Here, there is no Stackelberg-type relationship, and more impor tantly the players can talk to each other for coordinated choice of strategies. See, e.g., Wilson (1978) for a pioneering work; Yannelis (1991) for formula tion of feasibility of a strategy as its measurability; Ichiishi and Idzik (1996) for introduction of Bayesian incentive-compatibility to this strand; Ichiishi, Idzik and Zhao (1994) for information revelation (that is, endogenous deter mination of updated information structures); Ichiishi and Radner (1997) and Ichiishi and Sertel (1998) for studies of a specific model of Chandler's firm in multidivisional form for sharper results; and Vohra (1999) for a recent work. It is a common postulate in these works that every player takes part in design of a mechanism and also in execution of the signed contract.
Book Synopsis Essays on Economics of Vertical Product Differentiation by : Taehoon Youn
Download or read book Essays on Economics of Vertical Product Differentiation written by Taehoon Youn and published by . This book was released on 1999 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Product differentiation, transition and economic development by : Richard Frensch
Download or read book Product differentiation, transition and economic development written by Richard Frensch and published by . This book was released on 2004 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Product Differentiation and Industrial Structure by : Avner Shaked
Download or read book Product Differentiation and Industrial Structure written by Avner Shaked and published by . This book was released on 1985 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Product Differentiation and Price Competition Between a Safe and a Risky Seller by : Winand Emons
Download or read book Product Differentiation and Price Competition Between a Safe and a Risky Seller written by Winand Emons and published by . This book was released on 1998 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economies of Scale, Product Differentiation, and Market Power by : Ville Aalto-Setälä
Download or read book Economies of Scale, Product Differentiation, and Market Power written by Ville Aalto-Setälä and published by . This book was released on 1999-01-01 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Product Differentiation, Welfare, and Market Size by : Stephen Martin
Download or read book Product Differentiation, Welfare, and Market Size written by Stephen Martin and published by . This book was released on 1985 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Product Differentiation and Demand Elasticity by : Richard L. Carson
Download or read book Product Differentiation and Demand Elasticity written by Richard L. Carson and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper argues that product differentiation is compatible with perfect competition under free entry and exit and small firm size relative to size of market. Despite Chamberlin's view, monopolistic competitors are price takers, even though each firm's product has no perfect substitute. There is a difference between perfect competition with product homogeneity and perfect competition with differentiated products, however. Advertising can pay off with differentiated products because products have separate identities--and price depends on quality--even though firms are price takers for any given quality. A differentiated oligopoly may resemble monopolistic competition a la Chamberlin in some ways.
