The Economic Theory Of Product Differentiation
Download and Read The Economic Theory Of Product Differentiation full books in PDF, ePUB, and Kindle. Read online free The Economic Theory Of Product Differentiation ebook anywhere anytime directly on your device. We cannot guarantee that every ebooks is available!
The Economic Theory of Product Differentiation
Author | : John Beath |
Publisher | : Cambridge University Press |
Total Pages | : 220 |
Release | : 1991-02-22 |
Genre | : Business & Economics |
ISBN | : 9780521335522 |
Download The Economic Theory of Product Differentiation Book in PDF, Epub and Kindle
There are few industries in modern market economies that do not manufacture differentiated products. This book provides a systematic explanation and analysis of the widespread prevalence of this important category of products. The authors concentrate on models in which product selection is endogenous. In the first four chapters they consider models that try to predict the level of product differentiation that would emerge in situations of market equilibrium. These market equilibria with differentiated products are characterised and then compared with social welfare optima. Particular attention is paid to the distinction between horizontal and vertical differentiation as well as to the related issues of product quality and durability. This book brings together the most important theoretical contributions to these topics in a succinct and coherent manner. One of its major strengths is the way in which it carefully sets out the basic intuition behind the formal results. It will be useful to advanced undergraduate and graduate students taking courses in industrial economics and microeconomic theory.
The Economic Theory of Product Differentiation Related Books
Pages: 220
Pages: 454
Pages: 368
Pages: 240
Pages: 584