Nonlinear pricing and competition intensity in a Hotelling-type model with discrete product and consumer types

This paper develops a Hotelling model with discrete product and consumer types. We analyze the impact of horizontal differentiation (competition intensity) on relative prices. We find that the optimal price ratio of high- to low-quality products decreases with less competition.

Detalles Bibliográficos
Autor principal: Hernandez, Manuel A.
Formato: Journal Article
Lenguaje:Inglés
Publicado: Elsevier 2011
Materias:
Acceso en línea:https://hdl.handle.net/10568/154720
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author Hernandez, Manuel A.
author_browse Hernandez, Manuel A.
author_facet Hernandez, Manuel A.
author_sort Hernandez, Manuel A.
collection Repository of Agricultural Research Outputs (CGSpace)
description This paper develops a Hotelling model with discrete product and consumer types. We analyze the impact of horizontal differentiation (competition intensity) on relative prices. We find that the optimal price ratio of high- to low-quality products decreases with less competition.
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language Inglés
publishDate 2011
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spelling CGSpace1547202025-01-24T08:55:10Z Nonlinear pricing and competition intensity in a Hotelling-type model with discrete product and consumer types Hernandez, Manuel A. prices diversification models This paper develops a Hotelling model with discrete product and consumer types. We analyze the impact of horizontal differentiation (competition intensity) on relative prices. We find that the optimal price ratio of high- to low-quality products decreases with less competition. 2011-03 2024-10-01T14:03:24Z 2024-10-01T14:03:24Z Journal Article https://hdl.handle.net/10568/154720 en Limited Access Elsevier Hernandez, Manuel A. 2011. Nonlinear pricing and competition intensity in a Hotelling-type model with discrete product and consumer types. Economics Letters 110(3): 174-177. https://doi.org/10.1016/j.econlet.2010.11.031
spellingShingle prices
diversification
models
Hernandez, Manuel A.
Nonlinear pricing and competition intensity in a Hotelling-type model with discrete product and consumer types
title Nonlinear pricing and competition intensity in a Hotelling-type model with discrete product and consumer types
title_full Nonlinear pricing and competition intensity in a Hotelling-type model with discrete product and consumer types
title_fullStr Nonlinear pricing and competition intensity in a Hotelling-type model with discrete product and consumer types
title_full_unstemmed Nonlinear pricing and competition intensity in a Hotelling-type model with discrete product and consumer types
title_short Nonlinear pricing and competition intensity in a Hotelling-type model with discrete product and consumer types
title_sort nonlinear pricing and competition intensity in a hotelling type model with discrete product and consumer types
topic prices
diversification
models
url https://hdl.handle.net/10568/154720
work_keys_str_mv AT hernandezmanuela nonlinearpricingandcompetitionintensityinahotellingtypemodelwithdiscreteproductandconsumertypes