Market transparency and product differentiation

被引：23
|
作者：
Schultz, C [1 ]
机构：
[1] Univ Copenhagen, Ctr Ind Econ, Inst Econ, DK-1455 Copenhagen K, Denmark
来源：
ECONOMICS LETTERS | 2004年 / 83卷 / 02期
关键词：
market transparency; product differentiation; competition policy;
D O I：
10.1016/j.econlet.2003.11.004
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In a Hotelling market with endogenous choice of product characteristics increasing market transparency on the consumer side leads to less product differentiation, and lower prices and profits. This is welfare improving for all consumers and total surplus increases. (C) 2004 Elsevier B.V. All rights reserved.
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页码：173 / 178
页数：6
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