Economics at your fingertips  

The Relationship between Models of Horizontal and Vertical Differentiation

Paul Anglin

Bulletin of Economic Research, 1992, vol. 44, issue 1, 1-20

Abstract: This paper shows how to derive the income and substitution effects of a price change in a differentiated goods model. In the process of doing so, the author shows how to convert a model of a vertically differentiated market into one of horizontally differentiation by constructing two market-specific functions. One of these functions would represent the acknowledged ranking of types if the market were vertically differentiated; the other is a simple function representing the disutility associated with consuming a non-ideal type. Copyright 1992 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

Date: 1992
References: Add references at CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0307-3378

Access Statistics for this article

More articles in Bulletin of Economic Research from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().

Page updated 2022-12-07
Handle: RePEc:bla:buecrs:v:44:y:1992:i:1:p:1-20