Product Differentiation, Imperfect Information and Collusion
Author | : Jonathan G. Powers |
Publisher | : |
Total Pages | : 155 |
Release | : 2002 |
ISBN-10 | : OCLC:51797790 |
ISBN-13 | : |
Rating | : 4/5 (90 Downloads) |
Download or read book Product Differentiation, Imperfect Information and Collusion written by Jonathan G. Powers and published by . This book was released on 2002 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: Firms can relax price competition by producing differentiated products. This dissertation separately incorporates two additional elements, consumers' imperfect information about product characteristics and price collusion, into a standard model of horizontal product differentiation to evaluate their effect on the pricing behavior of firms.