Locating inside the Salop circle: demand rotations in a micro-founded model
Bar-Isaac, Heski; Caruana, Guillermo; and Cuñat, Vicente
(2011)
Locating inside the Salop circle: demand rotations in a micro-founded model.
[Working paper]
(Submitted)
We present a micro-founded model of design that leads to simple demand rotations. We present simple sufficient conditions that determine when design should be extreme (fully standardized or fully tailored) or rather take intermediate positions.
| Item Type | Working paper |
|---|---|
| Departments |
Finance Management Financial Markets Group |
| Date Deposited | 17 Apr 2012 14:05 |
| URI | https://researchonline.lse.ac.uk/id/eprint/43163 |
ORCID: https://orcid.org/0000-0001-7504-2801