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Quality heterogeneity and welfare

Symeonidis, G (2003) 'Quality heterogeneity and welfare.' Economics Letters, 78 (1). 1 - 7. ISSN 0165-1765

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In a differentiated product oligopoly with linear demand, an increase in the degree of quality heterogeneity across firms increases both aggregate profit and consumer surplus. This result is robust to whether firms set prices or quantities. © 2002 Elsevier Science B.V. All rights reserved.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics, Department of
Depositing User: Jim Jamieson
Date Deposited: 16 Aug 2012 10:28
Last Modified: 17 Aug 2017 18:08

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