Strategic product variety and quality choice
We examine the linkages between strategic product assortment, quality choice, and pricing by multi-product firms as well as the welfare effects from those linkages. The analysis shows that strategic effects can lead to relevant inefficiencies. Specifically, the analysis identifies effects which can...
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Veröffentlicht in: | Economics letters 2019-09, Vol.182, p.10-14 |
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container_title | Economics letters |
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creator | Granero, Lluís M. |
description | We examine the linkages between strategic product assortment, quality choice, and pricing by multi-product firms as well as the welfare effects from those linkages. The analysis shows that strategic effects can lead to relevant inefficiencies. Specifically, the analysis identifies effects which can induce insufficient or excessive product quality relative to the socially optimal level of quality.
•We examine the linkages between strategic product assortment, quality choice, and pricing by multi-product firms as well as the welfare effects from those linkages.•The analysis shows that strategic effects can lead to relevant inefficiencies. |
doi_str_mv | 10.1016/j.econlet.2019.05.033 |
format | Article |
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•We examine the linkages between strategic product assortment, quality choice, and pricing by multi-product firms as well as the welfare effects from those linkages.•The analysis shows that strategic effects can lead to relevant inefficiencies.</description><subject>Effects</subject><subject>Multi-product oligopoly</subject><subject>Prices</subject><subject>Product choice</subject><subject>Product quality</subject><subject>Product variety</subject><subject>Quality</subject><subject>Spatial models</subject><issn>0165-1765</issn><issn>1873-7374</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2019</creationdate><recordtype>article</recordtype><recordid>eNqFkE9Lw0AQxRdRsFY_ghDwauL-z-YkUqwKBQ_qedlMJrqhJu1mU-i3d0t79zRzeO_NvB8ht4wWjDL90BUIQ7_GWHDKqoKqggpxRmbMlCIvRSnPySzpVM5KrS7J1Th2lDJelWpG7j9icBG_PWSbMDQTxGzngse4z1zfZNvJrX3a4WfwgNfkonXrEW9Oc06-ls-fi9d89f7ytnha5SApj7k2JdQV0wZVDQx1BQZ4yzlz0jVOGsOpqAXn0FYoWiVbidjwWjKqjdO0FXNyd8xNL20nHKPthin06aTlgkmuZSqaVOqogjCMY8DWboL_dWFvGbUHMLazJzD2AMZSZROY5Hs8-jBV2HkMdgSPPWDjA0K0zeD_SfgDD41t6Q</recordid><startdate>20190901</startdate><enddate>20190901</enddate><creator>Granero, Lluís M.</creator><general>Elsevier B.V</general><general>Elsevier Science Ltd</general><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>20190901</creationdate><title>Strategic product variety and quality choice</title><author>Granero, Lluís M.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c402t-687cb9168e5bc1e69c8c2f221a4ada488203b322cf9e3f54f4eed2b41068a60f3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2019</creationdate><topic>Effects</topic><topic>Multi-product oligopoly</topic><topic>Prices</topic><topic>Product choice</topic><topic>Product quality</topic><topic>Product variety</topic><topic>Quality</topic><topic>Spatial models</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Granero, Lluís M.</creatorcontrib><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Economics letters</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Granero, Lluís M.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Strategic product variety and quality choice</atitle><jtitle>Economics letters</jtitle><date>2019-09-01</date><risdate>2019</risdate><volume>182</volume><spage>10</spage><epage>14</epage><pages>10-14</pages><issn>0165-1765</issn><eissn>1873-7374</eissn><abstract>We examine the linkages between strategic product assortment, quality choice, and pricing by multi-product firms as well as the welfare effects from those linkages. The analysis shows that strategic effects can lead to relevant inefficiencies. Specifically, the analysis identifies effects which can induce insufficient or excessive product quality relative to the socially optimal level of quality.
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source | Elsevier ScienceDirect Journals Complete - AutoHoldings |
subjects | Effects Multi-product oligopoly Prices Product choice Product quality Product variety Quality Spatial models |
title | Strategic product variety and quality choice |
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