Vertical differentiation with non-uniform consumers' distribution
Jean-Marc Bonnisseau and
Rim Lahmandi-Ayed
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Abstract:
This note explores a vertical differentiation model with a continuous non-uniform consumers' distribution. First, a result concerning the finiteness property obtained with uniform consumers' distribution is 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 that the concavity assumption is not superfluous.
Keywords: vertical differentiation; non-uniform distribution; finiteness property; price equilibrium existence (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (2)
Published in International Journal of Economic Theory, 2007, 3 (3), pp.179-190. ⟨10.1111/j.1742-7363.2007.00054.x⟩
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Journal Article: Vertical differentiation with non‐uniform consumers' distribution (2007) 
Working Paper: Vertical differentiation with non-uniform consumers' distribution (2007)
Working Paper: Vertical differentiation with non-uniform consumers' distribution (2007)
Working Paper: Vertical differentiation with non-uniform consumers' distribution (2004) 
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00265701
DOI: 10.1111/j.1742-7363.2007.00054.x
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