Monotone Profitability Ranking in a Differentiated Oligopoly
New York University (NYU) - Department of Information, Operations, and Management Sciences
September 2, 2004
Stern School of Business Working Paper No. EC-04-28
In a familiar setting of vertical differentiation where firms produce goods of distinct qualities at potentially different unit costs, I identify sufficient conditions for producing a higher quality good to be more (less) profitable.
Number of Pages in PDF File: 33
Keywords: Vertical differentiation, Bertrand oligopoly, imperfect competition
JEL Classification: D43, L13working papers series
Date posted: November 23, 2004
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