TEL  Vol.4 No.2 , March 2014
Monopolistic Product Line Competition with Ex Post Consumer Heterogeneity
ABSTRACT

We model monopolistic competition in product lines, assuming that consumer heterogeneity is the result rather than the cause of product variety. Our results contradict some well-known policy implications yielded by the standard monopolistic competition framework.


Cite this paper
Georgantzís, N. and García-Gallego, A. (2014) Monopolistic Product Line Competition with Ex Post Consumer Heterogeneity. Theoretical Economics Letters, 4, 155-165. doi: 10.4236/tel.2014.42023.
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