Vertical differentiation with non-uniform consumers¡ distribution

Jean-Marc BONNISSEAU () and Rim Lahmandi-Ayed ()

Cahiers de la Maison des Sciences Economiques from Université Panthéon-Sorbonne (Paris 1)

Abstract: The note explores a vertical differentiation model with continuous non-uniform consumers' distribution. First some results concerning the finiteness property obtained with uniform consumers' distribution are generalized. Second we prove an existence result of price equilibrium when the distribution is concave. Finally we exhibit a counter-example to the existence of price equilibrium to show the importance of the concavity assumption on the distribution.

Keywords: Vertical differentiation; non-uniform distribution; price equilibrium existence (search for similar items in EconPapers)
JEL-codes: D42 D43 L11 (search for similar items in EconPapers)
Date: 2004-12
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Related works:
Journal Article: Vertical differentiation with non-uniform consumers' distribution (2007)
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Persistent link: http://EconPapers.repec.org/RePEc:mse:wpsorb:b04114

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