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Published in 2018 at "International Journal of Industrial Organization"
DOI: 10.1016/j.ijindorg.2018.10.002
Abstract: We study subgame-perfect equilibria of the classical quality-price, multistage game of vertical product differentiation. Each firm can choose the levels of an arbitrary number of qualities. Consumers’ valuations are drawn from independent and general distributions.…
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Keywords:
differentiation multiple;
product differentiation;
differentiation;
multiple qualities ... See more keywords