Symeonidis, George (2003) Quality heterogeneity and welfare. Economics Letters, 78 (1). pp. 1-7. DOI https://doi.org/10.1016/s0165-1765(02)00171-4
Symeonidis, George (2003) Quality heterogeneity and welfare. Economics Letters, 78 (1). pp. 1-7. DOI https://doi.org/10.1016/s0165-1765(02)00171-4
Symeonidis, George (2003) Quality heterogeneity and welfare. Economics Letters, 78 (1). pp. 1-7. DOI https://doi.org/10.1016/s0165-1765(02)00171-4
Abstract
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 |
|---|---|
| Uncontrolled Keywords: | firm heterogeneity; vertical product differentiation; welfare |
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Economics, Department of |
| SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
| Depositing User: | Unnamed user with email elements@essex.ac.uk |
| Date Deposited: | 16 Aug 2012 10:28 |
| Last Modified: | 18 Aug 2022 11:11 |
| URI: | http://repository.essex.ac.uk/id/eprint/3690 |