Vertical Product Differentiation, Threat of Entry and Quality Changes

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Publisher : Québec : Dép. d'économique, Université Laval
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis Vertical Product Differentiation, Threat of Entry and Quality Changes by : Manh Hung Nguyen

Download or read book Vertical Product Differentiation, Threat of Entry and Quality Changes written by Manh Hung Nguyen and published by Québec : Dép. d'économique, Université Laval. This book was released on 1987 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economic Theory of Product Differentiation

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Author :
Publisher : Cambridge University Press
ISBN 13 : 9780521335522
Total Pages : 220 pages
Book Rating : 4.3/5 (355 download)

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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.

Vertical Product Differentiation and Entry Deterrence

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Vertical Product Differentiation and Entry Deterrence by : Stefan Lutz

Download or read book Vertical Product Differentiation and Entry Deterrence written by Stefan Lutz and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies how the existence of a potential entrant influences an incumbent's choice of quality in a model of vertical product differentiation and entry. Both firms face fixed set-up costs and quality-dependent costs of production and compete on quality and price. With identical quality-dependent costs, the incumbent will always deter entry if possible, i.e., if fixed costs are high. Quality will be set at a level lower than the optimal quality set if entry was accommodated. If entry is not blockaded, quality will be set at a level strictly lower than the optimal quality set under monopoly.

Vertical Product Differentiation When Quality is Unobservable to Buyers

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (12 download)

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Book Synopsis Vertical Product Differentiation When Quality is Unobservable to Buyers by :

Download or read book Vertical Product Differentiation When Quality is Unobservable to Buyers written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Market Strategy and Structure

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Publisher : Prentice Hall
ISBN 13 :
Total Pages : 544 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Market Strategy and Structure by : J. M. Alec Gee

Download or read book Market Strategy and Structure written by J. M. Alec Gee and published by Prentice Hall. This book was released on 1992 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing issues in the analysis of market strategy and structure, the contributors to this volume assess the current position and consider future opportunities for research. Topics covered include product differentiation, price and quantity competition, strategic behaviour and patenting.

Discussion Paper Series

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Publisher :
ISBN 13 :
Total Pages : 464 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis Discussion Paper Series by :

Download or read book Discussion Paper Series written by and published by . This book was released on 1996 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Journal of Regulatory Economics

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Publisher :
ISBN 13 :
Total Pages : 690 pages
Book Rating : 4.:/5 (49 download)

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Book Synopsis Journal of Regulatory Economics by :

Download or read book Journal of Regulatory Economics written by and published by . This book was released on 1998 with total page 690 pages. Available in PDF, EPUB and Kindle. Book excerpt:

ECNOMICS LETTERS

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Publisher :
ISBN 13 :
Total Pages : 850 pages
Book Rating : 4./5 ( download)

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Book Synopsis ECNOMICS LETTERS by :

Download or read book ECNOMICS LETTERS written by and published by . This book was released on 1988 with total page 850 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essays on Vertical Product Differentiation

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Publisher :
ISBN 13 :
Total Pages : 218 pages
Book Rating : 4.:/5 (68 download)

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Book Synopsis Essays on Vertical Product Differentiation by : Yong-Hwan Noh

Download or read book Essays on Vertical Product Differentiation written by Yong-Hwan Noh and published by . This book was released on 2005 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation explores models of heterogeneous product markets that rely on the "vertical product differentiation" formulation. The demand structure applied here is the covered-market configuration under the vertical product differentiation. With this specification, product market equilibria of the monopoly and duopoly market are derived. In particular, parameter restrictions on the degree of relative consumer heterogeneity associated with the covered-market setting are identified and used to interpret analytical results. Based on the specified demand structure, I revisit two industrial organization topics from the perspectives of vertical product differentiation. The first essay analyzes the entry of a new product into a vertically differentiated market where an entrant and an incumbent compete in prices. Many models on strategic entry deterrence deal with "limit quantities" as the established firm's strategic tool to deter or accommodate entry. Here, however, the entry-deterrence strategies of the incumbent firm rely on "limit qualities". With a sequential choice of quality, quality-dependent marginal production cost, and a fixed entry cost, I relate the entry-quality decision and the entry-deterrence strategies to the level of an entry cost and the degree of consumer heterogeneity. In particular, the incumbent influences the quality choice of the entrant by choosing its quality level before the entrant. This allows the incumbent to "limit" the entrant's entry decision and quality levels. Quality-dependent marginal production costs in the model entail the possibility of inferior-quality entry as well as the incumbent's aggressive entry-deterrence strategies by increasing its quality level towards potential entry. Welfare evaluation confirms that social welfare is not necessarily improved when entry is encouraged rather than deterred. The second essay is motivated by some specific economic questions that have arisen with the introduction of 'genetically modified' (GM) agricultural products. A duopoly market-entry model associated with the vertical product differentiation is developed to show how the existence of segregation costs biases the firm's quality choice behavior. Thus, the key factor of the model is the cost of segregation activities that are necessary to distinguish GM products from non-GM products. With an increasing and convex cost of quality, the model predicts that the entrant firm has an increased incentive to enter the market with a low-quality good to reduce production costs if segregation costs are sufficiently high. When consumers are homogeneous enough, however, entry may occur with the high-quality good.

Essays on Economics of Vertical Product Differentiation

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Publisher :
ISBN 13 :
Total Pages : 256 pages
Book Rating : 4.3/5 (91 download)

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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:

Vertical Product Differentiation, Entry-deterrence Strategies, and Entry Qualities

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Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (144 download)

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Book Synopsis Vertical Product Differentiation, Entry-deterrence Strategies, and Entry Qualities by : Yong-Hwan Noh

Download or read book Vertical Product Differentiation, Entry-deterrence Strategies, and Entry Qualities written by Yong-Hwan Noh and published by . This book was released on 2005 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Price competition with information disparities in a vertically differentiated duopoly

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Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (249 download)

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Book Synopsis Price competition with information disparities in a vertically differentiated duopoly by : Alberto Cavaliere

Download or read book Price competition with information disparities in a vertically differentiated duopoly written by Alberto Cavaliere and published by . This book was released on 2004 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Vertical Product Differentiation and Entry Difference

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (535 download)

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Book Synopsis Vertical Product Differentiation and Entry Difference by : Stefan Lutz

Download or read book Vertical Product Differentiation and Entry Difference written by Stefan Lutz and published by . This book was released on 1996 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Strategic Lowering of Product Quality to Deter Entry in Vertical Differentiation Models

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Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (962 download)

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Book Synopsis Strategic Lowering of Product Quality to Deter Entry in Vertical Differentiation Models by : Jong-Say Yong

Download or read book Strategic Lowering of Product Quality to Deter Entry in Vertical Differentiation Models written by Jong-Say Yong and published by . This book was released on 1998 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Competitive Strategy

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781548981518
Total Pages : 28 pages
Book Rating : 4.9/5 (815 download)

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Book Synopsis Competitive Strategy by : Michael E. Porter

Download or read book Competitive Strategy written by Michael E. Porter and published by Createspace Independent Publishing Platform. This book was released on 2017-07-17 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Porter's five forces analysis is a framework for analyzing the level of competition within an industry and business strategy development. It draws upon industrial organization (IO) economics to derive five forces that determine the competitive intensity and therefore the attractiveness of an industry. Attractiveness in this context refers to the overall industry profitability. An "unattractive" industry is one in which the combination of these five forces acts to drive down overall profitability. A very unattractive industry would be one approaching "pure competition," in which available profits for all firms are driven to normal profit. This analysis is associated with its principal innovator Michael E. Porter of Harvard University. This updated and expanded second edition of Book provides a user-friendly introduction to the subject, Taking a clear structural framework, it guides the reader through the subject's core elements. A flowing writing style combines with the use of illustrations and diagrams throughout the text to ensure the reader understands even the most complex of concepts. This succinct and enlightening overview is a required reading for all those interested in the subject . We hope you find this book useful in shaping your future career & Business.

Vertical Product Differentiation, Quality Standards, and International Trade Policy

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Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)

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Book Synopsis Vertical Product Differentiation, Quality Standards, and International Trade Policy by : Stefan Lutz (conseiller fiscal)

Download or read book Vertical Product Differentiation, Quality Standards, and International Trade Policy written by Stefan Lutz (conseiller fiscal) and published by . This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Palgrave Encyclopedia of Strategic Management

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Publisher : Palgrave Macmillan
ISBN 13 : 9780230537217
Total Pages : 0 pages
Book Rating : 4.5/5 (372 download)

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Book Synopsis The Palgrave Encyclopedia of Strategic Management by :

Download or read book The Palgrave Encyclopedia of Strategic Management written by and published by Palgrave Macmillan. This book was released on 2018-05-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Palgrave Encyclopedia of Strategic Management has been written by an international team of leading academics, practitioners and rising stars and contains almost 550 individually commissioned entries. It is the first resource of its kind to pull together such a comprehensive overview of the field and covers both the theoretical and more empirically/practitioner oriented side of the discipline.