Good vs. bad characteristics in vertical differentiation

被引：9

作者：

Garella, PG ^{[1
]}

Lambertini, L ^{[1
]}

机构：

[1] Univ Bologna, Dipartimento Sci Econ, I-40125 Bologna, Italy

来源：

ECONOMICS LETTERS | 1999年 / 65卷 / 02期

关键词：

vertical differentiation; product characteristics;

D O I：

10.1016/S0165-1765(99)00143-3

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We consider a vertically differentiated duopoly where product quality is defined as the combination of N characteristics. Good (respectively, bad) characteristics are those which increase (decrease) utility with respect to the status quo. We prove that maximum (minimum) differentiation obtains along all characteristics respect to which marginal profits are positive (negative). (C) 1999 Elsevier Science S.A. All rights reserved. JEL classification: L13.

引用

页码：245 / 248

页数：4

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