Day: November 10, 2011

Lecture 6: Product differentiation 2

This week we look more at product differentiation, covering Price discrimination in the Hotelling (1929) set-up. The Salop (1979) circular-city model, and how product proliferation may be used for entry deterrence. The Shaked and Sutton (1982) quality choice model of vertical differentiation. Some empirics, and other issues. Lecture 6

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