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Lambertini, Luca
(1993)
On the Dichotomy between Horizontal and Vertical Product Differentiation.
Bologna:
Dipartimento di Scienze economiche DSE,
p. 10.
DOI 10.6092/unibo/amsacta/5193.
In: Quaderni - Working Paper DSE
(164).
ISSN 2282-6483.
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Abstract
In this paper, we show that, contrarily to the conclusions obtained by Cremer and Thisse (1991), the equilibrium emerging from a model of vertical product differentiation does not yield maximum differentiation because of the strtegic complementarity between products in the quality space.
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