The Quality–Quantity Trade-off

Bryan McCannon

Eastern Economic Journal, 2008, vol. 34, issue 1, 95-100

Abstract: The standard vertical-product-differentiation model assumes that quality and quantity are independent choices. That is, the choice of quality is separated from the decision of the number of units to produce. For certain products this is not appropriate. This note presents an extension to the vertical-product-differentiation model to incorporate the relationship between quality and quantity. Eastern Economic Journal (2008) 34, 95–100. doi:10.1057/palgrave.eej.9050009

Date: 2008
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