Transparency, price-dependent demand and product variety

Yiquan Gu and Tobias Wenzel

Economics Letters, 2011, vol. 110, issue 3, 216-219

Abstract: This paper revisits the relationship between transparency on the consumer side and product variety. We show that due to lower price-cost margins more transparency is welfare-improving. This result is achieved even though product variety may be reduced.

Keywords: Market; transparency; Product; variety; Salop; model (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:110:y:2011:i:3:p:216-219

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