Product diversity under monopoly: two high-quality results
de Meza, D.
(1997).
Product diversity under monopoly: two high-quality results.
Bulletin of Economic Research,
49(2), 169-171.
https://doi.org/10.1111/1467-8586.00033
(1997).
Product diversity under monopoly: two high-quality results.
Bulletin of Economic Research,
49(2), 169-171.
https://doi.org/10.1111/1467-8586.00033
A mild relaxation of Mussa and Rosen's (1978) preference assumption implies that, contrary to their result, a monopoly selling a line of vertically differentiated goods may include higher-quality varieties than would a competitive industry.