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    題名: Nesting horizontal and vertical differentiation with location choices
    作者: Guo, W.-C.;Lai, Fu-Chuan
    賴孚權
    貢獻者: 財政系
    關鍵詞: commodity market;consumption behavior;differentiation;game theory;numerical model;price dynamics
    日期: 2013-10
    上傳時間: 2015-05-21 15:59:36 (UTC+8)
    摘要: This study solves a location-then-price game in which horizontal and vertical differentiation are combined using an asymmetric distribution of consumers` taste. Boundary locations are robust when the taste disparity of the population is not large and out-of-market locations are not allowed. Firms may have incentives to move either inside or outside the market in other situations, so the equilibrium prices are never differentiated. The restrictions of vertical differentiation under this framework are further examined. A model with the entrance of a vertically differentiated product is also discussed. © 2013 Wiley Publishing Asia Pty Ltd.
    關聯: Pacific Economic Review, 18(4), 546-556
    資料類型: article
    DOI 連結: http://dx.doi.org/10.1111/1468-0106.12035
    DOI: 10.1111/1468-0106.12035
    顯示於類別:[財政學系] 期刊論文

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