Multi‐Product Firms and Product Variety
Multi‐Product Firms and Product Variety
复制标题
多产品公司和产品多样性
DOI:
10.1111/j.1468-0335.2011.00897.x
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发表时间:
2012
期刊:
影响因子:
--
通讯作者:
Lluís M. Granero
中科院分区:
文献类型:
--
作者:
Ramon Caminal;Lluís M. Granero
The goal of this paper is to study the role of multi-product firms in the market provision of product variety. The analysis is conducted using the spokes model of non-localized competition proposed by Chen and Riordan (2007). Firstly, we show that multi-product firms are at a competitive disadvantage vis-a-vis single-product firms and can only emerge if economies of scope are sufficiently strong. Secondly, under duopoly product variety may be higher or lower with respect to both the first best and the monopolistically competitive equilibrium. However, within a relevant range of parameter values duopolists drastically restrict their product range in order to relax price competition, and as a result product variety is far below the efficient level.
DOI:
10.2139/ssrn.1475707
发表时间:
2006-12
期刊:
International Trade
影响因子:
--
作者:
A. Bernard;S. Redding;Peter K. Schott
通讯作者:
A. Bernard;S. Redding;Peter K. Schott