Monopoly and Quality Omission
This study delves into a market characterized by vertical product differentiation. Product qualities are represented on a one-dimensional interval scale. The research investigates the equilibrium within a monopoly scenario, considering a production cost that is strictly convex. The monopoly offers a...
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| Format: | Article |
| Language: | English |
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MDPI AG
2024-10-01
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| Series: | Games |
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| Online Access: | https://www.mdpi.com/2073-4336/15/6/36 |