Core existence in vertically differentiated markets

C-Tier
Journal: Economics Letters
Year: 2016
Volume: 149
Issue: C
Pages: 28-32

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We prove that a sufficient condition for the core existence in a n-firm vertically differentiated market is that the qualities of firms’ products are equispaced along the quality spectrum. This result contributes to see that a fully collusive agreement among firms in such markets is more easily reachable when product qualities are not distributed too asymmetrically along the quality ladder.

Technical Details

RePEc Handle
repec:eee:ecolet:v:149:y:2016:i:c:p:28-32
Journal Field
General
Author Count
3
Added to Database
2026-01-25