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 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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