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Standardization versus Preference for Variety in Linear Cournot Oligopoly

Frédéric Deroïan () and Frédéric Gannon

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Abstract: We consider a Cournot oligopoly setting in which consumers have an intrinsic preference for variety, while unit production costs of firms increase with the number of goods they produce. This environment exhibits a general under-provision of variety with respect to social welfare.

Keywords: Standardization; Preference for Variety; Oligopoly (search for similar items in EconPapers)
Date: 2007-06-01
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00366895
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Published in 2007

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