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. (C) 2019 Elsevier B.V. All rights reserved.
机构:
Univ Colorado, Dept Econ, Boulder, CO 80309 USA
Zhejiang Univ, Sch Econ, Hangzhou, Zhejiang, Peoples R ChinaUniv Colorado, Dept Econ, Boulder, CO 80309 USA
Chen, Yongmin
;
Hua, Xinyu
论文数: 0引用数: 0
h-index: 0
机构:
Hong Kong Univ Sci & Technol, Dept Econ, Hong Kong, Hong Kong, Peoples R ChinaUniv Colorado, Dept Econ, Boulder, CO 80309 USA
机构:
Univ Colorado, Dept Econ, Boulder, CO 80309 USA
Zhejiang Univ, Sch Econ, Hangzhou, Zhejiang, Peoples R ChinaUniv Colorado, Dept Econ, Boulder, CO 80309 USA
Chen, Yongmin
;
Hua, Xinyu
论文数: 0引用数: 0
h-index: 0
机构:
Hong Kong Univ Sci & Technol, Dept Econ, Hong Kong, Hong Kong, Peoples R ChinaUniv Colorado, Dept Econ, Boulder, CO 80309 USA