Nesting horizontal and vertical differentiation

B-Tier
Journal: Regional Science and Urban Economics
Year: 2012
Volume: 42
Issue: 6
Pages: 998-1002

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

We explore a variant of the Hotelling model which allows to nest horizontal and vertical differentiation into a unified setup whose key parameter is the relative natural market size of the firms. In this setup, equilibrium prices increase whenever population's disparity decreases. We also explore the properties of the model in the case of entry by a vertically differentiated product into an otherwise horizontally differentiated industry.

Technical Details

RePEc Handle
repec:eee:regeco:v:42:y:2012:i:6:p:998-1002
Journal Field
Urban
Author Count
2
Added to Database
2026-01-25