Product Diversity under Monopoly: Two High Quality Results
David de Meza
Bulletin of Economic Research, 1997, vol. 49, issue 2, 169-71
Abstract:
A mild relaxation of Mussa and Rosen's (1978) preference assumption implies that, contrary to their result, a monopoly selling a line of vertically differentiated goods may include higher-quality varieties than would a competitive industry. Copyright 1997 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research
Date: 1997
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