Vertical Differentiation With A Positional Good

Lambertini, Luca ; Orsi, Raimondello (1998) Vertical Differentiation With A Positional Good. Bologna: Dipartimento di Scienze economiche DSE, p. 18. DOI 10.6092/unibo/amsacta/5002. In: Quaderni - Working Paper DSE (306). ISSN 2282-6483.
Full text available as:
[img]
Preview
Text(pdf)
License: Creative Commons Attribution Non-commercial

Download (2MB) | Preview

Abstract

We investigate the role of positional effects in a market for vertically differentiated goods. We consider the two alternative settings, a single-product monopoly and a single-product duopoly. We evaluate the performance of both regimes against social planning. Contrary to conventional wisdom, we establish that it can be socially inefficient to expand the product range.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Lambertini, Luca
Orsi, Raimondello
Keywords
monopoly, duopoly, positional goods, vertical differentiation
Subjects
ISSN
2282-6483
DOI
Deposit date
30 Mar 2016 09:23
Last modified
09 Jun 2016 09:40
URI

Other metadata

Downloads

Downloads

Staff only: View the document

^